The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?

The simple interest on a sum of money is 4/9 of the principal and t

1.	The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?
A.	6 2/3 years; 6 2/3 %
B.	5 1/3 years; 5 1/3 %
C.	4 2/3 years; 4 2/3 %
D.	None
Answer» B. 5 1/3 years; 5 1/3 %

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The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?

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