Answer:
2.5 years
Explanation:
Given data
P=9000
r= 1.25%
A= 9281.25
The simple interest expression is given as
A=P(1+rt)
substitute
9281.25= 9000(1+0.0125*t)
9281.25=9000+112.5t
collect like terms
9281.25-9000=112.5t
281.25= 112.5t
t= 281.25/112.5
t= 2.5
Hence the time is 2.5 years