Joseph would like to have R 23,400 altogether. If he invests his money at 5% interest, in how many years will he have Rs 23,400?
zary:
where p=18000
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I = P×R×T÷100
I=R23,400
P=R23,400
R=5%
T=?
100×23400÷23400×5
=20yrs
I=R23,400
P=R23,400
R=5%
T=?
100×23400÷23400×5
=20yrs
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