In how many years the interest on 1200 at rate of interest 4% per year will be 200
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Problem
You deposit $1200 into a bank account paying 4% simple interest per year. If you receiver $200 as interest, find the time for which the money stayed at the bank.
Result
Money stayed at the bank 4 years 2 months and 1 day.
Step-by-step explanation:
Answered by
1
Answer:
money stay at the bank 4 years 2 months 1 day
Step-by-step explanation:
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