contestada

Mr Gardener wants to have an annual intrest off 1000. if the annual intrest rate is 5% how much money should he invest

Respuesta :

samtherring

Answer:

$20,000

Step-by-step explanation:

if he invests 20000 he will get 5% of that each year, 5% of 20000=1000 meaning he will have a 1000 yearly interest rate