Asked by fizz
1.find
a)simple interest earned
b) simple amount
for the following investment
i)RM20000 for 4 years 6 months at 11% per annum
a)simple interest earned
b) simple amount
for the following investment
i)RM20000 for 4 years 6 months at 11% per annum
Answers
Answered by
Reiny
I = PRT
= 20000(.11)(4.5)
= 9900
so amount = 20000+9900
= ....
(4 years, and 6 months = 4.6 years)
= 20000(.11)(4.5)
= 9900
so amount = 20000+9900
= ....
(4 years, and 6 months = 4.6 years)
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