Scott deposits 8,000 in an account that earns 6% simple interest paid annually . How long will it be before the total amount is 10,000?

Question

calculusxy · Answer

Are there any options?

anonymous · Answer

No

anonymous · Answer

lol sorry Stewie

anonymous · Answer

@Carolinag @dan815 @DragonFall @DAshingNii @frankhecker @fatimatahir

calculusxy · Answer

To calculate simple interest, you have to do this equation:
I=P*r*t
I=interest 
P=principal
r=rate of interest per year
t=time in years that the money earns interest

anonymous · Answer

i know that i need the answer pronto

mertsj · Answer

Then plug into the equation using 2000 as the interest, 8000 as the principal and 6% as the rate.

anonymous · Answer

ok ty.