Question

Find the time if:
a. Interest earned is 1181.25 on 15.000 at 6.3% interest p.a.​

Answer 1

Step-by-step explanation:

T = SI * 100 / P * R

So :

T =1181.25*100/15000*6.3

T =49.625

So T = 49.625 YEARS

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