1.

In what time will 1,860 amount to 2,641.20 at simple interest 12% per annum ?

A. 3 years
B. <table><tr><td rowspan="2">3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">Year</td></tr><tr><td style="text-align: center;">2</td></tr></table>
C. 4 years
D. <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">Year</td></tr><tr><td style="text-align: center;">2</td></tr></table>
Answer» C. 4 years


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