YumnaU37040 YumnaU37040
  • 03-11-2022
  • Mathematics
contestada

simple interest interest: $50principal:$350rate: 6.5time:x

Respuesta :

AzariahF135466 AzariahF135466
  • 03-11-2022

Given:

Interest (SI) = 50

Principal (P) = 350

rate (R) = 6.5. (Here, rate is 6.5 %)

To find time,

[tex]\begin{gathered} S\mathrm{}I\mathrm{}=P\times R\times T \\ 50=350\times\frac{6.5}{100}\times x \\ x=\frac{50}{22.75} \\ x=2.197 \\ x\approx2\text{ years ( approximated) } \end{gathered}[/tex]

Answer: x = 2 years.

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