Question

Find the interest on 600 at 4% perannum for 3 years

Answer 1

Answer:

S.I = (P × R × T)/100.

R = (S.I × 100)/(P × T)

P = (S.I × 100)/(R × T)

T = (S.I × 100)/(P × R)

(a) $ 900 for 3 years 4 months at 5% per annum. ...

In how much time dose $ 500 invested at the rate of 8% p.a. simple interest amounts to $ 580. ...

Find at what rate of interest per annum will $ 600 amount to $ 708 in 3 years.