The question I asked now to solve it in a short form so I can be able to understand it when writing in exam
This English question involves literary analysis, grammar, or writing skills. The detailed response below provides a well-structured answer with supporting evidence and clear explanations.
ScanSolve AI Answer
You're on a roll —
Here's a concise version for the exam:
Step 1: Calculate the simple interest ($I$).
$$I = \text{Total Amount} - \text{Principal}$$
$$I = \text{N}15,500 - \text{N}12,500 = \text{N}3,000$$
Step 2: Convert the interest rate ($R$) to a decimal.
$$R = 10\% = 0.10$$
Step 3: Calculate the time ($T$) using the formula $T = \frac{I}{P \times R}$.
$$T = \frac{\text{N}3,000}{\text{N}12,500 \times 0.10}$$
$$T = \frac{3,000}{1,250}$$
$$T = 2.4$$
The time taken is 2.4 years.
$$\boxed{2.4 \text{ years}}$$
Got more? Send 'em.
