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24,000 at 5 5% for 5 years

24,000 at 5 5% for 5 years
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5 votes
24,000 at 5 5% for 5 years

User Anurag Awasthi
by
7.7k points

1 Answer

2 votes

Answer:660,000

Explanation:

principle= 24,000

rate=5.5%

time = 5years

simple interest= P×R×T

. =24000×5.5×5

. = 660,000

User Infamy
by
8.0k points
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