engrolanrewaju06 engrolanrewaju06
  • 07-06-2022
  • Mathematics
contestada

What is the simple interest on N450 for 2 years at 3%?

Respuesta :

Binay5524
Binay5524 Binay5524
  • 07-06-2022

Answer:

Simple Interest = PTR/100

P=450

T=2

R=3%

Simple Interest = PTR/100

=450×2×3\100

=27

Hence the interest is 27.

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