AkaylaGoodwin AkaylaGoodwin

05-06-2022
Mathematics

contestada

what is the simple interest of $16000 interested for 5 years at 4% p.a?

Respuesta :

topeadeniran2 topeadeniran2

05-06-2022

Answer:

3200

Step-by-step explanation:

Simple interest = PRT/100

= (16000 × 5 × 4%\)/100

= 320000/100

= 3200

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