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7 November, 06:01

In what time will $200 amount to $270 at the rate of 5%p. a. Simple interest?

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  1. 7 November, 06:12
    0
    5 percent of 200 is 10 and 70/10 is 7. So after 7 years if your rate is anual rate
  2. 7 November, 06:30
    0
    At an interest rate of 5% yearly it would take 7 years

    Step-by-step explanation:

    5% of $200 is $10

    %270 - $200 = $70

    $70 / 10 = 7
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