Question

You and your friend each deposit $50 in separate savings accounts. Your account earns 2% simple annual interest Your friend's account earns 4% simple annual interest. How long does it take for you to earn $20 in interest? How long does it take for your friend to earn $20 in interest?​

Answer 1

The answers are 20 years for myself and 10 years for your friend

Explanation:

I need help on how to write the whole format out but those are definitely the right answers.