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You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in interest?
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You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in interest?
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Mar 12, 2017
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You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in interest?
Mathematics
high-school
Damian Yerrick
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Damian Yerrick
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50 because all you have to do is divide 4 by 200 and it comes up 50 YAY!!!!!!!!!!Hope this helps.
Ellie
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Mar 14, 2017
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Ellie
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find 4% and find how many times (years) it takes to get to 200
2500 times 4%=2500 times 0.04=100
100 times how many years=200
divide by 100 both sides
how many years=2
2 years
Twalters
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Mar 16, 2017
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Twalters
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