Question

III
a) A bank gives 9% simple interest (SI) on deposit. Draw graph to illustrate the relation
between the sum deposited and simple interest earned
Find from your graph,
(1) The annual interest obtainable for an investment of 550.
(ii) The investment one has to make to get an annual simple interest of 72.​

Answer 1

Answer:

III

a) A bank gives 9% simple interest (SI) on deposit. Draw graph to illustrate the relation

between the sum deposited and simple interest earned

Find from your graph,

(1) The annual interest obtainable for an investment of 550.

(ii) The investment one has to make to get an annual simple interest of 72.

Step-by-step explanation:

III

a) A bank gives 9% simple interest (SI) on deposit. Draw graph to illustrate the relation

between the sum deposited and simple interest earned

Find from your graph,

(1) The annual interest obtainable for an investment of 550.

(ii) The investment one has to make to get an annual simple interest of 72.