Answer:
Ok I'm going to check it out rn
Answer:
£6,000
Step-by-step explanation:
<u>Use the simple interest formula:</u>
I = Prt
I = (Principal Value)*(Annual Interest Rate)*(Time in Years)
I = (120000)(0.12)(5/12)
I = 6000
Therefore, the simple interest is £6,000
A≈92.7
<em />I'm not sure how to put the answer in the form asked. This is the best i can do.
It isn’t possible to draw a graph on here