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3 years ago

Assume you have a balance of $1,900 on a credit card.

Mathematics

1 answer:

dimaraw [331]3 years ago

8 0

principal=$1900

rate =13.6 %

simple interest= $35

Time=?

SIMPLE INTEREST ={PRINCIPAL×RATE×TIME}/{100}

$35= ${$1900 ×13.6× TIME}{100} /$

$35×100=25840× TIME

TIME= $\bold\frac{ 3500}{25840}$

TIME= $700/5168$

TIME= ${\tt{\green{\underline{\underline{\huge{0.1354489164}}}}}}$ years

sorry I can't solve wrong answer

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