Answer:
= 5 years
Step-by-step explanation:
Simple Interest = [tex]\frac{P*R*T}{100}[/tex]
Make T the subject of the formula
Cross-multiply
P*R*T = 100*S.I
Divide both sides by P * R
T = [tex]\frac{100 * S.I}{P * R}[/tex]
T = [tex]\frac{100 * 150}{600 * 5}[/tex]
T = [tex]\frac{15000}{3000}[/tex]
T = 5 years
