Question 1172633
Kindly help again
1. How long it will take for R6000 invested at 6% p.a.simple interest to grow to R8520.
2.Calculate compound interest earned of R15000 deposited into bank for 2 years at 12%p.a
<pre><b>1.</b> {{{matrix(2,3, A, "=", P(1 + TR), "88,520", "=", "86,000"(1 + .06T))}}}
   Calculate the above for T (time)!! 
   That's it!!
<b>2.</b> Can't be answered without the number of ANNUAL compounding periods!