esmiestewart211 esmiestewart211

17-08-2021
Mathematics

contestada

The simple interest on a sum of money invested at 3% per annum for 2 years was $39.75. Calculate the sum of money invested.

Respuesta :

michellemuniz367 michellemuniz367

20-08-2021

Answer:

N1,640

Step-by-step explanation:

I = N123; R = 3%' T = 2

1

2

yrs; P =

100

×

1

R

T

P =

100

×

123

3

×

2.5

principal(P) = N1640

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