Question

PLEASE HELP ASAP!!!!( 50 POINTS)

Chef Alfredo invested $4800 at a simple interest rate of 5% and can now afford a $6,000 state-of-the-art pizza
oven. How many years ago did he make this investment? Show all your work and answer in a complete sentence.

Answer 1

5 % of 4800 is 240
next you would do 6000 divided by 240 which gives you 25
so the answer would be 25 years