Question

Rate of interest (p.c.p.a.)
Time
Interest
Amount
Principal
4200
3 years
4 years
8000
(ii)
(iii)
(iv)
(v)
7%
6%
5%
5%
1200
800
6000
18000
5 years
2400
21 %​

Answer 1

Answer:

Rate of interest (p.c.p.a.)

Time

Interest

Amount

Principal

4200

3 years

4 years

8000

(ii)

(iii)

(iv)

(v)

7%

6%

5%

5%

1200

800

6000

18000

5 years

2400

21 %