What is the simple interest on 500 for 5 years at the rate of 5% per annum
2 answers:
Answer:
125
Step-by-step explanation:
Formula Simple interest:
P x r x t
I = principal x rate x time
I = 500 x .05 x 5
I = 125
( time is always expressed in years and you convert rate to a decimal )
You might be interested in
Answer:
x>-2
Step-by-step explanation:
Answer:
I'm super bad at math sowy!!!
Step-by-step explanation:
\(T T)/
What are you asking here i think it should be 20:100
Answer: Ola
Step-by-step explanation:
Answer:
s
wd\\\Step-by-step explanation: