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Invested $8200 at the rate of 4.5% p.a. It earned $738 simple interest. The period of investment was
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4 votes
Invested $8200 at the rate of 4.5% p.a. It earned $738 simple interest. The

period of investment was

User Yoogeeks
by
7.4k points

1 Answer

3 votes

Answer:

2 yrs

Explanation:

SI =PTR/100

738=8200 x T x 4.5 /100

738 x 100 / 8200 x 4.5 = T

T =2

User Markese
by
6.5k points
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