If you are calculating the simple interest and you are given the time in months how can you find the time in years

Hey :)

If you have for example 6 months, that’s half a year, so you will have to convert the answer

You will do 6 years in the equation, but make sure to convert the years into months

Hope this helps!

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chibuikeumeh chibuikeumeh · Answer 2 · 2022-04-08T10:23:18+02:00

To find the time in years, you simply have to convert the answer into years by dividing by 12, which is a year.

What is simple interest?

This is a method to calculate the amount of interest charged on a sum at a given rate and for a given period of time.

In simple interest when the time is given in months and days we always need to convert into years. The time is given in months then it should be divided by 12 to be converted into years.

Learn more about simple interest here:

https://brainly.com/question/20690803