Answer:
16.7 years
Explanation:
This can be calculated using the simple interest formula
Interest =(P×R×T)/100
INTEREST = $5000 - $2500=$2500
Principal = $2500
Rate = 6%
Time =?
$2500 = ($2500×6×T) / 100
$2500 =$ 150 × T
T = 16.7 years
I hope my answer helps you
