Posted by iris on Tuesday, November 1, 2011 at 10:20am.
James invested $4,000 at 5% interest per year; how long will it take him to earn $200 in simple interest?

math  Ms. Sue, Tuesday, November 1, 2011 at 12:02pm
4,000 * 0.05x = 200
Solve for x.

math  iris, Wednesday, November 2, 2011 at 11:33am
is it subtracting 4ooo  200 and then diving by .05 to solve for X?

math  Charla, Monday, February 27, 2012 at 9:41am
T=I/Pr
T=200/ 4000*5%
T= 200/ 4000*.05
T=200/200
T=1 Year
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