document.write( "Question 1180862: Juan earned Php96.00 on a Php1200 deposit at 2% interest rate. For how long was the money deposited? \n" ); document.write( "
Algebra.Com's Answer #810662 by mananth(16946)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "Assuming simple interest 2%
\n" ); document.write( "interest = 96
\n" ); document.write( "Principal = 1200\r
\n" ); document.write( "\n" ); document.write( "interest = P * t * r\r
\n" ); document.write( "\n" ); document.write( "96= 1200 *.02*t\r
\n" ); document.write( "\n" ); document.write( "t=4 years\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );