meemilan meemilan
  • 10-07-2017
  • Mathematics
contestada

Calculate the amount earned if simple interest is paid on R2500 at 8.5% per annum for 4 years

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 23-07-2017
The formula is
I=prt
I amount earned?
P 2500
R interest rate 0.085
T time 4years
I=2,500×0.085×4
I=850
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