Question

I = $97.30
P = $1,200
R=4.5%
T=

Answer 1

T = 1yrs and 8month

Explanation:

S.I = $97.3O

S.I = PTR/100

$97.30 = $1200 × 4.5 × T

1 100

Cross multiply

$5400T = $9730

divide both sides by$5400

T = 1.8yrs