Question

in how many years will $12000 amount to $13230 at 10% simple interest ?​

Answer 1

Answer:

Simple interest=principal×rate×time/100

$13230=$12000×10×time/100

time=13230×100/12000×10(transposing)

time=11 1/4=11.025 years

Step-by-step explanation:

Hope this is clear