lilbbyjulie lilbbyjulie

19-05-2021
Mathematics

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3. Find the length of time in years, given the principal of $4,800; interest rate
of 7.5%; and simple interest of $900

Respuesta :

rxseburstt rxseburstt

19-05-2021

Answer:

2.5 years

Step-by-step explanation:

Formula for simple interest:

t = I / Pr

t = length of time

I = simple interest

P = initial amount

r = interest rate

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