Respuesta :
4000.00 x 2.0 = $80.00 per year x 2 years = $160.00 so 6 months would earn $40.00 taking it to the $200, so 2 yrs 6 mos.
TJ have to invest $4000 in abond for 2 years and 6 months to earn an interest of $200.
What is interest?
Interest is the amount that is paid by borrower to the person giving loan or making investment to take money from them.It is of two types:simple interest and compound interest. The formula of simple interest is P*R*T where P is principalamount, R is rate of interest and T is time period.
The formula of compound interest is P-P[tex](1+R)^{N}[/tex] where P is principal, R is rate of compounding per period of compounding and T is time period.
How to calculate time?
let the time period for which TJ invested $4000 be t.
Interest =4000*2/100*t
Interest=80t
Put interest =200
200=80t
t=200/80
t=2.5
It means 2 years and 6 months because interest is paid yearly .
Hence TJ have to invest $4000 in a bond for 2 years and 6 months to earn an interest of $200.
Learn more about interest at https://brainly.com/question/16134508
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