solve please.........
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Answer:
SI = PNR/100
532 = 2800×n×7/100
532 = 28×7n
7n = 532/28
7n = 19
n = 19/7
n=2.71
Number of years = 2.71 or 19/7
Answered by
2
Answer:
2.17 yrs
Step-by-step explanation:
P is the principal amount, $2800.00.
r is the interest rate, 7% per year, or in decimal form, 7/100=0.07.
t is the time involved, x...year(s) time periods.
So, t is x....year time periods.
To find the simple interest, we multiply 2800 × 0.07 × x= 532 to get
x= 2.17
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