Question

find the simple interest on birr 126.42 for 6 years at 7÷2 percent per annum ​

Answer 1

Answer:

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Answer 2

Answer:
262,482

Step by step explanation:

Given:

P: 126.42
T: 6 years
R: 7/2% = 3.5%

Required:

I:?

Solution

I=PRT
=126.42*3.5%*6
=442.47%*6
=442.47/100 *6
=44,247*6
=265,482