kwapetshegofatso47 kwapetshegofatso47

24-02-2024
Mathematics

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calculate the R9000 invested at 8% p.a. simple interest for 3 years

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ParchedPurple922 ParchedPurple922

24-02-2024

Answer:R2160

Step-by-step explanation:To calculate the interest earned on the R9000 invested at 8%p.a simple interest for 3 years, you'll need to use the formula I = P MUELTIPLY R MULTIPLY TIME

. Plugging in the values, we get: I = 9000 x 0.08 x 3 = R2160. Therefore, the interest earned on the R9000 invested at 8%p.a simple interest for 3 years is R2160.

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