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.Calculate the time in which ₦1,500 will amount to ₦9,000 at 20% per annum.

User Tolu
by
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1 Answer

1 vote

Answer:

30 yrs

Explanation:

SI = PRT/100

T = I × 100/PR

= 9000×100/1500×20

= 900000/30000

= 30 yrs

User Ian Ross
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