Question

After what time * 28,000 gives an interest of 140 at 4% p.a?​

Answer 1

Answer:

1.5 month=1/8 year

Step-by-step explanation:

I= (PRN)/100

I= interest, P= invested sum, R= rate of int., N= period of interest

N= (100I)/PR

Given P=28000

R=4%

I=140

N= $\frac{140*100}{4*28000}$

=1/8 year=

Answer 2

Answer:

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