find SI on $8000 for 3 years at 2.5% per annum
(i)$600
(ii)$500
(iii)$700
(iv)$650
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$650 is the best answer too your answers
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Answer:
$600
Step-by-step explanation:
principal= $8000
rate = 2.5%
time= 3years
Simple Interest= Principal× Rate × Time/100
=8000×3×2.5/100
=600
Therefore Simple Interest will be $600
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