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Morgarella [4.7K]
2 years ago
6

Find the simple interest on 3,750 in 5 years at 3% rate per annum.

Mathematics
1 answer:
GaryK [48]2 years ago
4 0

Answer:

562.5

Step-by-step explanation:

i=?

p=3750

r=3*1/100=3/100

t=5 years

I=P*R*T

3750*5*3/100

=5625/100

=562.5

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