How long would $1250 have to be deposited at 6% per annum to gain a simple interest of $750.
Answers
Answered by
8
Step-by-step explanation:
S.I = P R T
750 = 1250 × 6 × T
T = 7500/750
T = 10 years
Similar questions
Science,
4 months ago
Biology,
9 months ago
Social Sciences,
9 months ago
Computer Science,
1 year ago