Respuesta :
5 years, you have to make 6% a decimal so it would be 0.06. You would then multiply 2000 and 0.06 and get 120. You keep adding 120 to 2,000 until you reach 2,600. Hope this helped!
I=PRT
Intersets=amount invested times rate in decimal times time in years
amoount total=invested+interest
so
2000+I=2600
minus 2000 both sides
I=600
find when 600 interst is made
600=2000 times 0.06 times t
600=120 times t
divide both sides by 120
5=t
5 years
Intersets=amount invested times rate in decimal times time in years
amoount total=invested+interest
so
2000+I=2600
minus 2000 both sides
I=600
find when 600 interst is made
600=2000 times 0.06 times t
600=120 times t
divide both sides by 120
5=t
5 years