Question

What interest will #850.00 yield 2 years at 15% per annum.

Answer 1

Answer:

#25500

Step-by-step explanation:

 P=850

 T=2 yrs

 r=15%p.a.

 S.I.= P * r * T/100

      = 850 * 15 * 2

      = 850 * 30

      = 25500