R 2 250
To find the interest earned on simple interest, you can use the formula: Interest = Principal x Rate x Time
Interest = R 5 000 x 0.09 x 5 = R 2 250
Therefore, the amount of interest earned on R 5 000 invested for 5 years at 9% per annum simple interest is R 2 250.
Find the amount of interest earned on R 5 000 invested for 5 years at 9 % per annum simple interest.
5 000.09
R 200 000
R 5 000
R 2 250
R 11 111
1 answer