Ask Question
1 September, 12:07

Calculate the amount earned if simple interest is paid on R2500 at 8.5% per annum for 4 years

+2
Answers (1)
  1. 1 September, 12:09
    0
    The formula is

    I=prt

    I amount earned?

    P 2500

    R interest rate 0.085

    T time 4years

    I=2,500*0.085*4

    I=850
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Calculate the amount earned if simple interest is paid on R2500 at 8.5% per annum for 4 years ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers