Theron Wants to Save $5,000 $200$ Days
B) $400$ Days
C) $6$ Years
D)

Multiple Choice

Theron wants to save $5,000. If he has $4,000 and invests it at 5% simple interest, how long will it take him to obtain $5,000?

A) $200$ days
B) $400$ days
C) $6$ years
D) $5$ years
E) $7$ years