Sipho deposits R 3 0 0 0 into a bank account that pays simple interest rate of 7 , 5 p a For how many years must he invest to yield R 4 5 0 0

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Sipho deposits R 3 0 0 0 into a bank account that pays simple interest rate of 7 , 5 % p . a .

Sipho deposits R

3 000

into a bank account that pays simple interest rate of

7, 5 %

.

.

For how many years must he invest to yield R

4 500 ?

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