3 years ago

calculate the amount that will be in the bank after 4years if R3500 was invested at 9% p.a. simple interest

Mathematics

1 answer:

Strike441 [17]3 years ago

6 0

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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calculate the amount that will be in the bank after 4years if R3500 was invested at 9% p.a. simple interest​

calculate the amount that will be in the bank after 4years if R3500 was invested at 9% p.a. simple interest