menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
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?
asked
Mar 12, 2017
30.6k
views
5
votes
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
asked
by
Damian Yerrick
5.5k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
2
Answers
3
votes
50 because all you have to do is divide 4 by 200 and it comes up 50 YAY!!!!!!!!!!Hope this helps.
Ellie
answered
Mar 14, 2017
by
Ellie
6.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
4
votes
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
answered
Mar 16, 2017
by
Twalters
6.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
7.2m
questions
9.6m
answers
Other Questions
How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Please solve the following equation. x-6x=56
Find the additive inverse of 18/23
What is 25% of 500.00
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org