The simple interest on a sum of money is 5/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?	Pick one:
A) 5 4/9%  B) 17 4/9%  C) 7 4/9%  D) 8 4/9%  E) 9 4/9%
5/9 P = (P*R*R)/100   R = 22.36/3 = 7 4/9%   ANSWER:7 4/9%
<result>C</result>
The simple interest on a sum of money is 5/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?