Find the amount if simple interest is paid yearly at 5% per annum for 3 years, on a principal of # 200,000.00

a

# 23, 000.00

b

# 30,000.00

c

# 300,000.00

d

# 230,000.00

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Explanation

Correct Option
d

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Discussions (3)

Oludoyijohn
1 year ago

nice

Sensei
3 months ago

what about
A = (1+Prt)

Sensei
1 month ago

A = P(1+RT) 👾

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