What sum of money will amount to D10,400 in 5 years at 6% simple interest?

a

D8,000.00

b

D10,000.00

c

D12,000.00

d

D16,000.00

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Correct Option
a

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Discussions (3)

Quedo
8 months ago

Please my school, where did you get 10 from? Isn't it supposed to be 100 multiplying 10,400 and -P?

Please clarify. thank you.

Husberry
2 years ago

No correct answer

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