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Sonja [21]
3 years ago
7

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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Step-by-step explanation:

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