3 years ago

How long will 40,000 becomes 51,200 if the simple interest is at 12% per annum?

Mathematics

1 answer:

iren2701 [21]3 years ago

3 0

2.33 years. The principal amount of 40,000 takes 2.33 years to reach 51,200 with a simple interest of 0.12. 2.33 years.

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How long will 40,000 becomes 51,200 if the simple interest is at 12% per annum?​

How long will 40,000 becomes 51,200 if the simple interest is at 12% per annum?