Question

(1) P=6000, R = 7% per annum, A=7470​

Answer 1

Answer:

Explanation:

A= P+ SI

SI= A- P

SI= 7470 - 6000

SI= 1470

P= 6000

r= 7%

SI = (Px t x r)/100

t =( SI x 100) /(P x r)

t = (1470 x 100)/(6000 x7)

t = 3.5 year

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