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¿Qué tiempo será necesario para que $ 2.340.260 se conviertan en $3.393.377 al 1,25% de interés simple mensual?

Sagot :

Answer:

The right solution is "36 years".

Step-by-step explanation:

Given:

Principle,

P = $2,340,260

Amount,

A = $3,393,377

Simple interest,

SI = 3,393,377 - 2,340,260

   = $1,053,117

Rate of interest,

r = 1.25%

As we know,

⇒ [tex]SI=\frac{Prt}{100}[/tex]

By substituting the values, we get

⇒ [tex]1053117=\frac{2340260\times 1.25\times t}{100}[/tex]

⇒ [tex]10531170=292532.5\times t[/tex]

⇒              [tex]t=\frac{10531170}{292532.5}[/tex]

⇒                [tex]=36 \ years[/tex]

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