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Populaire Word Problems >

Calculate the amount of simple interest if 15000 principal is invested at an interest rate of 13% pa for 3 years.

Solution

C a l c u l a t e t h e am o u n t o f s im pl e in t eres t i f 15000 p r in c i p a l i s in v es t e d a t an in t eres t r a t e o f 13% p a f or 3 ye a rs .

Solution

Interest : 5850

étapes des solutions

Translate the problem into an equation:

I = 15000 \cdot 0.13 \cdot 3

Simplifier

I = 15000 \cdot 0.13 \cdot 3

Interest : 5850

Exemples populaires

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