Mathematics, 25.06.2021 01:00 priarm8799

The simple interest formula I=PRT/100 gives the interest I on a principal P
invested at a rate of R% per annum for T years.
a) Find the interest when GH¢5000 is
invested at 5%p. a. for 2 years.
b) Find the principal that gains an
interest of GH¢2590 in 5 years a
t 2%
per annum.

Answers: 3

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The simple interest formula I=PRT/100 gives the interest I on a principal P
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More questions: Mathematics Another questions

The simple interest formula I=PRT/100 gives the interest I on a principal Pinvested at a rate of R% per annum for T years.a) Find the interest when GH¢5000 isinvested at 5%p. a. for 2 years.b) Find the principal that gains aninterest of GH¢2590 in 5 years at 2%per annum.​

Answers

Another question on Mathematics

The simple interest formula I=PRT/100 gives the interest I on a principal P
invested at a rate of R% per annum for T years.
a) Find the interest when GH¢5000 is
invested at 5%p. a. for 2 years.
b) Find the principal that gains an
interest of GH¢2590 in 5 years a
t 2%
per annum.