Find the simple interest on
12,000 for 7 years at 6.5%per annum
Answers
Answered by
3
SI = PTR/100 = 12000 x 7x 6.5 /100
= 5460 rs
Answered by
0
Answer:
A = P( 1 + r x t)
A = 12,000 (1 + 0.065 x 7)
= 17460
Step-by-step explanation:
P is the initial amount
r is the rate
t is the amount of time/ years in this case
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