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xeze [42]
2 years ago
10

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

Mathematics
1 answer:
Step2247 [10]2 years ago
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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