Question

Five years ago, Umar deposited RM7,200 in an account that gave 5.2% simple interest per annum. Find the accumulated amount today.

Answer 1

A = P(1+nrt)
Plug in your numbers, in this and all the other similar posts.

Answer 2

P = Po + Po*r*T = 7,200 + 7,200*0.052*5 =