rickyta07 rickyta07

15-08-2022
Mathematics

contestada

Annual rate of 5% charged simple interest they lend 3000 for 5 years how much interest will have to pay and what the total repayment amount be including interest

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topeadeniran2 topeadeniran2

15-08-2022

Step-by-step explanation:

Interest will be:

= (3000 × 5 × 5)/100

= 75000/100

= 750

Total repayment = 3000 + 750 = 3750

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