3 years ago

Find the simple interest on a P10500 loan at 20% for two years. (show

1 answer:

Anni [7]3 years ago

6 0

Answer:

P4200

Step-by-step explanation:

SI=PRT/100

P=Principal which is P10500

R=Rate which is 20%

T=Time which is 2 years

So SI= 10500×20×2/100

=P4200

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