Question

An investment of R5650,00at the simple interest rate of 8% per year,will reach R6780,00 in

Answer 1

Answer:

In 2.5 years

8% of 5, 65, 000 = 45,200

45,200 x 2.5 = 113,000

6,78,000 - 5,65,000 = 113,000