SOLUTION: You invest $4000 at 2.5% simple interest. How many years will it take to earn $1000 interest?

SOLUTION: You invest $4000 at 2.5% simple interest. How many years will it take to earn $1000 interest?

Algebra.Com

Question 920483: You invest $4000 at 2.5% simple interest. How many years will it take to earn $1000 interest?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!

RELATED QUESTIONS
You invest $4000 at 2.5% simple interest. How many years will it take to earn $1000 in... (answered by rfer)

To whomever can assist, thank you... How many years will it take $4000 to double... (answered by funmath)

James invested $4000 at 5% interest per year. How long will it take him to earn 200... (answered by Mathtut)

alfred wants to invest 4000 at 6% simple rate for 5 years. how much interest will he... (answered by robertb)

1.you deposit $4000 at 7% interest, compounded monthly how many years will it take untill (answered by Boreal,stanbon)

you invest $200 into a savings account that earns 2% simple annual interest. How long... (answered by solver91311)

How many days will it take $1000 to accumulate to at least $1200 at 5.5% simple interest (answered by MathLover1)

At a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135... (answered by algebrahouse.com)

if using simple interest how much time will it take to earn 468.00 if you invest 1,200 at (answered by jim_thompson5910)