Answer
2.25 years
Work Step by Step
Step one: Isolate the fraction= $\frac{1}{4}$
Step two: Divide the numerator by the denominator and add to the number= $2.25$
Basic College Mathematics (10th Edition)
by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.
Published by
Pearson
ISBN 10:
0134467795
ISBN 13:
978-0-13446-779-5
Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises - Page 445: 3
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