Math, asked by singhaneesh8408, 3 months ago

how long does it take a principle of $25,000 at a simple interest rate of 5% to become $30,000

Answers

Answered by kumarijyotisp18
0

Answer:

SI = (P*R*T)/100

30000 = (25000*5*T)/100

30000 = 250*5*T

T= 30000/1250

T = 24

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