document.write( "Question 1068114: How many days will it take for a sum of $1000 to earn $20 interest if it deposited in a bank paying simple interest at the rate of 2.5%/year? (Use a 365 day year) \n" ); document.write( "
Algebra.Com's Answer #683284 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! I=prt \n" ); document.write( "20=1000*0.025*t \n" ); document.write( "20=25t \n" ); document.write( "t=20/25 years and multiply by 365 days/year \n" ); document.write( "292 days \n" ); document.write( " |