Answer:237 days
Step-by-step explanation:
Interest=[tex]\$ [/tex]1341
Principal[tex]\left ( P\right )=\$ 51,700[/tex]
rate of interest[tex]\left ( t\right )=4%=0.04[/tex]
We know
Simple Interest=[tex]\frac{P\times r\times t}{365}[/tex]
[tex]time\left ( t\right )[/tex]=[tex]\frac{I\times 365}{P\times r}[/tex]
[tex]time\left ( t\right )[/tex]=[tex]\frac{1341\times 365}{51700\times 0.04}[/tex]
[tex]time\left ( t\right )[/tex]=[tex]236.68 days\approx 237 days[/tex]
