Question

You make $10.00/hour and work 40 hours a week. You invest $4000 dollars at an interest rate of 5% APR for a year. How much interest did that savings earn in a year in terms of hours of work?

Answer 1

4000*0.05 = ??

Answer 2

200

Answer 3

200/10 = ??

Answer 4

20..

Answer 5

You're done.

Answer 6

Lol. Thanks hun<3

Answer 7

It might make more sense with the units.

\($4,000⋅0.05=$200\)

\($200\dfrac{1\;hr}{$10.00}=20\;hr\)