Question

Raudhah took a loan for RM5000 at 8% simple interest per annum on 20 September 2020.If she pays RM124.44 simple interest find the date she settles the loan.
I = PRT

124.44 = 5000*.08 T
T = 124.44/(5000*.08) = .... years
multiply that by 365 to get the number of days,
then add this to Sept 20th

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