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Popular Word Problems >

how long will take birr 500 to get birr 50 simple interest at rate of 9,5% ?

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Solution

howlongwilltakebirr500togetbirr50simpleinterestatrateof9,5%?

Solution

Time:1.05
Solution steps
Translate the problem into an equation:50=500⋅0.095t
Solve for t,50=500⋅0.095t:t=1.05
Time:1.05

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