# You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn$200 in interest?

Because this is simple interest, the money will earn the same amount of money each year: 4% of $2500. $0.04 \times 2500 = 100$4% of 2500 is 100, so... $200÷\$100 " Per Year" = 2 "Years"