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The simple interest I on an investment of P dollars at an interest rate R for T years is giving by I=PRT. Find the time it would take to earn $1400 in interest on an investment of $27,000 at a rate of
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The simple interest I on an investment of P dollars at an interest rate R for T years is giving by I=PRT. Find the time it would take to earn $1400 in interest on an investment of $27,000 at a rate of 4.2%

User Pedromarce
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The answer is 1.23 years
User Claudiut
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