3. Solve the
(a) A man deposited ? 4,500 in a bank which paid him an interest of 11% per
annum. How much simple interest will he get at the end of five years?
Answers
Answered by
2
Answer:
2475
Step-by-step explanation:
P=4500
R=11%
T=5 years
SI=PXRXT/100
SI=4500X11X5/100
SI=247500/100
SI=2475
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