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How long will lucy have to wait before her 2500 invested at 6 percent earns 600?
Updated: 10/13/2022
Wiki User
∙ 11y agoBest Answer
Interest = Principal x Rate x Time
therefore,
Time = Interest/ (Principal x Rate)
Time = 600/(2500 x 0.06)
Time = 600/150
Time = 4 years
Wiki User
∙ 11y agoThis answer is:
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How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
She will have to wait 4 years.
How long will Lucy have to wait before for her 2500 invested at 6 percent earns 600 in simple interest?
p=2500r=6%SI=600t=SI*100/pr=60000/(2500*6)=4 years
How much money should be invested at an annual rate of 12 percent in order to earn 300 interest in year?
2500
What is 8.25 percent of 2500?
8.25 percent of 2500 equals 2500 multiplied by 0.0825 = 206.25
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What is 86% of 2500
Related questions
How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
She will have to wait 4 years.
How long will Lucy have to wait before for her 2500 invested at 6 percent earns 600 in simple interest?
p=2500r=6%SI=600t=SI*100/pr=60000/(2500*6)=4 years
How much money should be invested at an annual rate of 12 percent in order to earn 300 interest in a year?
2500
How much money should be invested at an annual rate of 12 percent in order to earn 300 interest in year?
2500
Jerry invested 14000 in a certificate of deposit at 5 percent he also put 2500 in a savings account at 3 percent how much interest will he earn after?
775
Jerry invested 14000 in a certificate of deposit at 5 percent He also put 2500 in a savings account at 3 percent How much interest will he earn after one year?
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What is 12.5 percent of 2500?
12.5 percent of 2500 = 312.512.5% of 2500= 0.125 * 2500= 312.5
How do you find out 40 percent of 2500?
40 percent of 2500 = 100040% of 2500= 40% * 2500= 0.40 * 2500= 1000
What is 8.25 percent of 2500?
8.25 percent of 2500 equals 2500 multiplied by 0.0825 = 206.25
Edgar earns 200 a week plus 15 percent commission on all sales over 1000 if he sales for one week are 2500 what is his gross pay for that week?
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How much does a fresh lawyer earns in India?
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What is 2500 increased by 10 percent?
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