1.find

Question

a)simple interest earned
b) simple amount

for the following investment

i)RM20000 for 4 years 6 months at 11% per annum

Answer 1

I = PRT
= 20000(.11)(4.5)
= 9900

so amount = 20000+9900
= ....

(4 years, and 6 months = 4.6 years)