Math, asked by Leeecme, 4 months ago

How long will an amount of 50,000 gain a simple interest of 10,000 at 4% per annum.​

Answers

Answered by omasati2004
5

Answer:

Using the formula I = Prt / I = Interest, r = interest rate & t = time

10,000 = 50,000*0.04 t / 4 % = 0.04

10000 = 2000t

t = 5 years

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