Math, asked by callenderlennifah, 7 months ago

In how many years will $12,000 yield an interest of $13,230 at 10% simple interest?

Answers

Answered by sakash20207

3

Answer:

simple interest =principle×rate×time/100

$13230=$12000×time/100

time=13230×100/1200×10(transposing)

time=11 1/4=11.025 years

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