Math, asked by melissamcknight07, 8 months ago

if $7000 is borrowed at the rate 5% per annum for 3 years the simple interest is

Answers

Answered by Jijnasa

21

Step-by-step explanation:

Step-by-step explanation:

Simple Interest = 7000×3×5/100

= 70×15 = 1050 $

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