Asked by Sidney

Nicole deposited $2,000 at 6%
simple interest. How long will it be
before she has $2,600 in her
account?

F. 4 Years
G. 5 Years
H. 6 Years
J. 7 Years
Answered by Ms. Sue
I = PRT
600 = 2,000 * 0.06 * t

Solve for t.

Answered by Sidney
It will be 5 years. Correct?
Answered by Damon
5 * .06 * 2000 = 600
so yes
and see you can check it easily :)
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