Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Calculate the simple interest on a R5 000 loan for 3 years at 8.5% p.a. interest.​

Sagot :

MrBrainly001

Answer:

R1275

Step-by-step explanation:

simple interest = (5000*3*8.5)/100

simple interest = 127500/100

simple interest = 1275

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.