Asked by Andre

Mrs Ricky borrowed $5,340 at a bank at 9.5% per annum simple interest for 5 years.

(A) the sum of money paid in interest to the bank.

(B) the total amount of money repaid to the bank.

(C) the value of each monthly installment.
Answered by Ms. Sue
Start with this formula:

Interest = Principle * Rate * Time

Answered by Angel
23000
Answered by Nelleshalewis02@gmail
5,340×9.5×5÷100
Answered by Dominique
5340×9.5×5÷100
Answered by Anonymous
Mr. Jackson borrowed $5340 from a bank at 9.5% per annum simple interest for 5 years. Determine: The total amount of money repaid to the bank
Answered by Jose Aguilar
I don't know how to do it
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