SOLUTION: You invest $200 into a savings account that earns 2% simple intrest. how long will it take to ear $50 in interest?

SOLUTION: You invest $200 into a savings account that earns 2% simple intrest. how long will it take to ear $50 in interest?

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Question 341307: You invest $200 into a savings account that earns 2% simple intrest. how long will it take to ear $50 in interest?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
50=200*0.02*x
50=4x
x=12.5 yrs
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