Caculate the time in which 1500 with amount to 9000 at 20% per annum
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1
Answer:
25 year
Step-by-step explanation:
Principal=1500
Amount=9000
Rate%=20%
Time=?
Interest=9000-1500=7500
I=P×R×T/100
7500=1500×20×T/100
7500×100/(1500×20)=T
75000/30000=T
25=T
Time=25 year
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