3 years ago

I’ll give u BRANLIEST if u get it right

2 answers:

8 0

Answer:

Step-by-step explanation:

shtirl [24]3 years ago

6 0

Step-by-step explanation:

I think its A plz give me brainliest

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Answer: half year

Step-by-step explanation:

The formula to find the simple interest is given by :-

$I=Prt$ , , where P is the principal amount , r is the rate of interest and t is the time in year.

Given : I=420 ; r=14%=0.14 and P =$6000

Then, we have the following equation :-

$420=6000\times0.14 \times t\\\\\Rightarrow\ t=\dfrac{420}{6000\times0.14}=0.5$

It means the duration of the loan is half year .

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