<PRE><B>Question 994683</B>
You deposit $2000 in an account that earns simple interest at an annual rate of 4%. How long must you leave the money in the account to earn $500 in interest? 
---
Interest = P*r*t
------
 2000*0.04*t = 500
-----
80t = 400
----
time = 6.25 years
------------------
Cheers,
Stan H.
------------</PRE>