Question

for how many days would a loan of
$ 1500 be outstanding to earn interest of
$36.16 at 5.5% P.a​

Answer 1

Step-by-step explanation:

36.16=1500 ×5.5× x/10

x=36.16/15×5.5

x=36.16/82.50

x=0.43yr

0.43 yr = 156.95 days

Ans = 156.95 days