Respuesta :

devishri1977

Answer:

t =2 years

Step-by-step explanation:

P = 2400

Rate of interest = r = 5 %

I = Interest = 240

Prt =  I

[tex]\dfrac{2400*5*t}{100}=240\\\\\\24*5*t=240\\\\t= \dfrac{240}{24*5}\\\\[/tex]

t = 2 years