Question

Xbxbxbdndbdndbdnsndnsnsnnssn

Answer 1

Case: Simple Interest

Method:

Simple Interest, I

`\begin{gathered} I=PRT \\ Hence \\ T=(I)/(PR) \end{gathered}`

Where

P= $500

R= 7.5% or 0.075

I= $225

Therefore, Time T

`\begin{gathered} T=(225)/(500*0.075) \\ T=6 \end{gathered}`

Final answer:

6 years