How long will a principal earn an interest equal to half of it at 5% simple interest

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How long will a principal earn an interest equal to half of it at 5% simple interest?
Gauthmathier5450
QUESTION: How long will a principal earn an interest equal to half of it at 5% simple interest? Please answer CLEARLY and show SOLUTION.NONSENSE☞REPORTSee “comments”
At what rate of interest will simple interest be half the principal in 5 years?
How long will it take a principal of 20000 to give 1000 as interest at 5% per annum?
What is the interest factor if the principal is p time period in years is N and the interest is I?

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Question 1004839: how long will it take a principal to earn half of itself if invested at 12 percent simple interest?
Answer by fractalier(6550)

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You can put this solution on YOUR website!
Normally we use the formula
I = prt
Since we want our interest to be equal to half our principal, we write
(1/2)p = prt
and plugging in we get
(1/2)p = p(.12)t
(1/2) = .12t
t = .5/.12 = 4 1/6 years

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How long will it take an investment to double in value if the interest rate is 5% compounded continuously? (Round your answer to two decimal places.)

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How long will it take to double the value of the investment? 5% and compounded continuously is not. A deposit of 50 Take Alan two will be called to 0.05 D l. E, which is equal to Ellen two. You can find it here and it was a client. The answer should be so. I would like to thank you.

How long will a principal earn an interest equal to half of it at 5% simple interest?

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Gauthmathier5450

Grade 8 · 2021-03-04

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How long will a principal earn an interest equal to half of it at How long will a principal earn an interest equal t - Gauthmath simple interest?

Chloe

Answer

Explanation

Given: principal amount.
Interest = 5\%
To find: Time for which SI=\dfrac{Principle}{2}
Solution:
According to the question
let principle = p
SI=\dfrac{p}{2}, R=5\%
Time = T (in years)
Now,
SI=\dfrac{P\times R\times T}{100}
\dfrac{p}{2}=\dfrac{P\times R\times T}{100}
T=\dfrac{100}{2\times5}=10
T=10 years

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QUESTION: How long will a principal earn an interest equal to half of it at 5% simple interest? Please answer CLEARLY and show SOLUTION.NONSENSE☞REPORTSee “comments”

Huwag po sanang kopyahin 'yong answer ni @brainlymomshie

Answer:

10 years

Step-by-step explanation:

simple interest formula I = Prt

P = principal amount

I = interest

r= 5%

t = ? (years)

interest that is half of its principal.

I = P/2

substituting formula

P/2 = P(0.05)t

cancel P

1/2 = 0.05t

t = 1/ (2 x 0.05)

t = 10 years.

maraming salamat po❣️ gulong gulo na ako(✷‿✷)

At what rate of interest will simple interest be half the principal in 5 years?

Expert-verified answer The rate of interest will simple interest be half the principal in 5 years. Assume the principal be Rs 100. Then, interest will be Rs 50. So, the rate of interest is 10%.

How long will it take a principal of 20000 to give 1000 as interest at 5% per annum?

Answer: ans: time = 1 year.

What is the interest factor if the principal is p time period in years is N and the interest is I?

(ni-1)