What is the simple interest on $5000 at 12 % per annum from May 3rdto July 3rd?
Answers
Answered by
1
Answer:
100$
Step-by-step explanation:
si = pnr/100
5000*12*2
= -----------------
100*12
si = 100$
Answered by
1
Answer:
Step-by-step explanation:
$5000*12/100*2/12
5000 MULTIPLE 12% THEN CAN FIND ONE YEAR INTEREST.
WE WANT TO TAKE A INTREST ONE MONTH .WE TOOK PREVIOUS ANSWERED IS WHOLE YEAR INTREST . THEN WE SHOULD 12 AND MULTIPLE 2 .
2=MAY 3R TO JULY 3RD =2 MONTHS
ANSWER IS=$100.
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