After what length of time will N2400.00 yield an interest of N60.00 at 1\(\frac{1}{2}\)% per annum? - SchoolNGR

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After what length of time will N2400.00 yield an interest of N60.00 at ...

After what length of time will N2400.00 yield an interest of N60.00 at 1\(\frac{1}{2}\)% per annum?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A 2\(\frac{4}{5}\) years
B 1\(\frac{2}{3}\) years
C 1\(\frac{1}{2}\) years
D 1 years
E \(\frac{3}{5}\) year

Correct Answer: Option B

Explanation:

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