# math

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James invested \$4,000 at 5% interest per year; how long will it take him to earn \$200 in simple interest?

• math -

4,000 * 0.05x = 200

Solve for x.

• math -

is it subtracting 4ooo - 200 and then diving by .05 to solve for X?

• math -

T=I/Pr
T=200/ 4000*5%
T= 200/ 4000*.05
T=200/200
T=1 Year

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