Find the time.
I = prt
Principal: $500
Rate: 5%
Interest earned: $25
Time: ?

1 year

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year,

then, solving our equation

t = 25 / ( 500 × 0.05 ) = 1

t = 1 years

The time required to

accumulate simple interest of $ 25.00

from a principal of $ 500.00

at an interest rate of 5% per year

is 1 year.

.there can be infinite values of m and n that can satisfy the above equation. for each value of m of m or n. there maybe infinite sets of solution for the above

step-by-step explanation: