Borrows £10,000 over 5 years simple interest rate of 15%

Tsivia asked Sep 26, 2022

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Tsivia asked Sep 26, 2022

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27 votes

Answer:

${ \tt{simple \: interest = p * r * t}} \\ = 10000 * 15\% * 5 \\ = £7500$

Robsn answered Oct 3, 2022

by Robsn

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