SOLUTION: Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest How long was the money invested

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Question 1168024: Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest
How long was the money invested
Found 2 solutions by Boreal, MathTherapy:
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
I=prt
450=4000*0.045*t
450=180t
t=2.5 years

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest
How long was the money invested 
Correct answer: highlight_green%28matrix%281%2C2%2C+3%2C+years%29%29