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posledela
3 years ago
10

How many years will $400 yield an interest of $112 at 14% simple interest

Mathematics
1 answer:
german3 years ago
3 0

Answer:

2 years

Step-by-step explanation:

$400 x 14% = $56

$56 x 2 = $112

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Work Shown:

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OlgaM077 [116]
X = 4% * 350

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14 is 4 percent of 350.
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\sf\ .04=\frac{4}{100}\\\\x=\frac{4}{100}\times350\\\\x=\frac{4\times350}{100}\\\\x=\frac{1400}{100}={\boxed{14}
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