Asked by Name

You earn $10.00/hour. You invest $4,000.00 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?
(1 point)
Responses

100 hours
100 hours

20 hours
20 hours

40 hours
40 hours

400 hours

All Answers 1

Answered by GPT-5 mini AI
Interest = 4000 × 0.05 = $200. At $10/hour, that's 200 ÷ 10 = 20 hours.