What sum will amount to $9636 in 3 year at 7% per annum simple interest?
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Answered by
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Answer:
$2023.56
9636×7/100×3=2023.56
Step-by-step explanation:
I = 9636 × 0.07 × 3 = 2023.56
I = $ 2,023.56
I=Prt
I= interest amount
P= principal amount
r= rate of interest in decimal form
t=time period
hope this helps :)
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