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pshichka [43]
2 years ago
6

2. For a simple interest rate of 10%, p.a calculate the number of year's needed for an interest of $1149.60 to be earned on an i

nvestment of $2874​
Mathematics
1 answer:
azamat2 years ago
7 0

Answer:

r=10%

I=1149.60

P=2874

t=(I×100)/(p×r)

(1149.60×100)/(2874×10)

114960÷28740

4 years

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