The answer is D.
Hope I helped
Answer:
3yrs
Step-by-step explanation:
Given parameters:
Capital = $700
Percentage interest = 4% per annum
Unknown:
Time it will take for amount to be = $784
Solution:
To find the simple interest on an amount;
I = 
P is the principal
R is the rate
T is the time
I is the interest
Insert the parameters:
I = 
I = 28T
So;
At the end of the duration:
Principal + Interest = Amount
700+28T = 784
28T = 784 - 700
28T = 84
T = 3yrs
Answer:
The solution is

Step-by-step explanation:
The given equations are

and

The graph of the two equations intersects at
as show in the graph in the attachment.
The point of intersection of the two graphs is the solution to system of equations.
Hence the solution is
