Posted by lauren on Thursday, April 15, 2010 at 3:22pm.
No, that is not the formula to use. That is the formula for the B field produced by the wire.
The magnetic force, B I L, must equal the weight. This assumes the current and horizontal B field are perpendicular and in the right direction to produce an upward force.
M g = B I L
I = Mg/(BL) = 0.05 kg/(0.1T*1m) = 0.5 Amps
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