jacobarmsteadj jacobarmsteadj

14-04-2016
Mathematics

contestada

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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gracietara gracietara

14-04-2016

50 because all you have to do is divide 4 by 200 and it comes up 50 YAY!!!!!!!!!!Hope this helps.

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apologiabiology apologiabiology

14-04-2016

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

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