Find the interest on $5,000 For
5years at 10% per annum
Answers
Answered by
3
Answer:
$2500
Step-by-step explanation:
P= $5000
R= 10% per annum
T= 5 years
since, Simple Interest = PRT/100
= (5000×10×5)/100
= 250000/100
= 2500
Similar questions
Math,
5 months ago
Math,
11 months ago
Social Sciences,
11 months ago
Social Sciences,
1 year ago
Social Sciences,
1 year ago