Find the simple interest on N10,000 for 5years at 20% per annum
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Answer:
hii
here is ur is answee
Step-by-step explanation:
simple interest = p×T×R/100
here p is principle
T is time period
R rate per annum
simple interest=10000 ×5×20/100
=100×5×20
=10000 per annum
hope you understand
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