question_answer

The simple interest on a certain amount is \[\frac{9}{16}\]of the principal. If the numbers representing the rate of interest in percent and time in years are equal, find the time.

A)  \[5\frac{1}{2}\] years           

B)    \[6\frac{1}{2}\] years           

C)  7 years           

D)    \[7\frac{1}{2}\] years