3 years ago

TJ invested $4000 in a bond at a yearly rate of 2%. He earned $200 in interest. How long was the money invested

1 answer:

3 0

4000.00 x 2.0 = $80.00 per year x 2 years = $160.00 so 6 months would earn $40.00 taking it to the $200, so 2 yrs 6 mos.

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