Adeposit of $500 in an account earns 6% simple interest. how long will it be before the total amount is $575?

req time=2.5 year

Step-by-step explanation:

simple interest=

where P=principle

          R=rate of interest

          T=time

totel amount= principle+simple interest

simple interest=totel amount-principles

simple interest=$575-$500=$75

ac/ques, 75=

75=

T=2.5 year

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