How much time will it take for an amount of 900 to yield 81 as interest at 4.5% per annum of simple interest?
Choose one.
A) 3 years
B) 4 years
C) 6 years
D) 5 years
E) 2 years
Time = (100 x 81)/(900 x 4.5) years = 2 years.   answer 2 years
<result>E</result>
How much time will it take for an amount of 900 to yield 81 as interest at 4.5% per annum of simple interest?