Simple Interest

question 1 of 1 Grade: Ten - G10
question 1 of 1 Grade: Ten - G10

Q: Paul invests K50 000.00 in a government bond at 9% simple interest per annum. How much will the bond be worth after 3 years?

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Did You Know?

Area of a sector: \\(A = \\frac{\\theta}{360} \\times \\pi r^2\\). Thus, \\(A = \\frac{45}{360} \\times \\pi(14)^2 = 77\\text{ cm}^2\\).

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