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WAEC - Mathematics (2009 - No. 5)

Find the value to which N3000.00 will amount in 5 years at 6% per annum simple interest
N3,900.00
N3,750.00
N3,600.00
N3,300

説明

A = P + I

p + \(\frac{PRT}{100}\)

A = N3000 (1 + \(\frac{6 \times 5}{100}\))

= N3000(1 + 0.3)

A = N3000 (1.3)

= N3,900.00

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