An investment offers a simple interest rate of 3% per year.

1 answer:

6 0

Answer:

sh 23000

Step-by-step explanation:

$i = \frac{prt}{100} = \frac{20000 \times 3 \times 5}{100} = 3000$

Amount = principal + interest = 20000+3000 = sh 23000

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Andrew [12]

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cluponka [151]

Pretty sure the answer is 6

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