49,184 views
31 votes
31 votes
P =5000 T =2year R =7%find simple intreset ​

User Snazzybouche
by
2.5k points

1 Answer

17 votes
17 votes

Answer:

5070

Explanation:

Total = P(1+rt) =5000(1+0.007*2) =5070

If the question is asking about the amount of interest earnt, its 70

User Mfaani
by
3.0k points
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