Simple interest
eg. Courtney invested $3000 at 6% p.a. for four years.
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Answers
Answered by
1
Answer:
3000×6÷100
which is equal to 180
there for for four years
it is 4 × 180
which is equal to 720
Answered by
1
Answer:
SI = P*R*T /100
3000 * 6 * 4 /100. (divided by 100 for
6%)
720
ans= simple interest is $ 720
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