- What sum will amount to 6,600 in 4 years at 8% per annum simple
interest?
(A) 6,000 (B) 35,000 (C) 4,000 (D) 6,200
Answers
Answered by
1
So 8% of 6600 = 528
so every year 528 will be added to your balance
so in 4 years
6600 + (4 x 528) = 8712
so at the end of 4 years you will get 8712
i don't know about the options given.
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