pifer3018 pifer3018

01-03-2017
Mathematics

Answered

Calculate the simple interest earned on an investment of $26,000 at 8% p.a. Over 3 years.

Calculate the simple interest earned on an investment of 26,000 at 8 p.a. Over 3 years. class=

Verified Answer :

Aliwohaish12 Aliwohaish12

11-03-2017

I=prt
I=26,000×0.08×3
I=6,240

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