In what time will 8,000, at 3% per annum, produce the same interest as 6, 000 does in 5 years at 4 % simple interest ?

In what time will 8,000, at 3% per annum, produce the same interest a

1.	In what time will 8,000, at 3% per annum, produce the same interest as 6, 000 does in 5 years at 4 % simple interest ?
A.	5 years
B.	6 years
C.	3 years
D.	4 years
Answer» B. 6 years

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In what time will 8,000, at 3% per annum, produce the same interest as 6, 000 does in 5 years at 4 % simple interest ?

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