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How long will it take to earn interest of 4000 if 20000 is invested in 10 percent?
Updated: 4/28/2022
Wiki User
∙ 14y agoBest Answer
Assuming that the 10 % stated is per year, the investment will earn 0.10 X 20000 = 2000 per year. The years required to earn 4000 will be 4000/2000 = 2.
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∙ 14y agoThis answer is:
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