calculate the amount that will be in the bank after 4years if R3500 was invested at 9% p.a. simple interest
1 answer:
Answer:
4760
Step-by-step explanation:
Simple interest= principal× time ×rate/100
=3500×4×9/100
= 1260
Amount that will be in the bank after 4years= 3500+1260
=4760
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