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2 years ago

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An invested sum of $600000 to generate simple interest $3.9000 at 3 (whole number) 1/4% per annum if you don't know please don't

answer

1 answer:

Savatey [412]2 years ago

3 0

<em>Answer:</em>

<em>20 years</em>

<em>Step-by-step explanation:</em>

We can find the time it took to invest

Using the formula for calculating simple interest as shown

SI = PRT/100

Given

Principal P = $600,000

SI = $39,000

Rate R = 3 1/4%

Required

Time

Substitute

39,000 = 600,000*13/400 * T

39,000 * 400 = 600,000*13 * T

15,600,000 = 7,800,000T

T = 15,600,000/7,800,000

T = 20

<em>Hence it took 20years for the sum invested to generate the interest</em>

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Answer explantion

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Answer:

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Step-by-step explanation:

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Find the approximate circumference of circle

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Find the ratio of circumference to Diameter

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Find the approximate circumference of circle

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