A certain sum of money at simple interest amounts to 2800 in 2 years and to 3220 in 5 years
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Step-by-step explanation:
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Answer:
Answer:answer is 5.12%
Answer:answer is 5.12%Step-by-step explanation:
Answer:answer is 5.12%Step-by-step explanation:3 years simple interest=3220 -2800
Answer:answer is 5.12%Step-by-step explanation:3 years simple interest=3220 -2800
Answer:answer is 5.12%Step-by-step explanation:3 years simple interest=3220 -2800 = 420
Answer:answer is 5.12%Step-by-step explanation:3 years simple interest=3220 -2800 = 420Yearly interest=420/3=140
Answer:answer is 5.12%Step-by-step explanation:3 years simple interest=3220 -2800 = 420Yearly interest=420/3=140amount invested=2800 –(140/2)=2730
Answer:answer is 5.12%Step-by-step explanation:3 years simple interest=3220 -2800 = 420Yearly interest=420/3=140amount invested=2800 –(140/2)=2730 interest rate=140/2730×100= 5.12%