Asked by fara
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.
Answers
Answered by
mathhelper
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
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
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.