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Ishmal invested £3500 for 3 years at 2.5% per annum simple interest. Work out the total amount of interest Ishmal earned.

 Mar 18, 2015

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 #1
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Ishmal invested £3500 for 3 years at 2.5% per annum simple interest. Work out the total amount of interest Ishmal earned.

 

I=Prt        P=3500,       r=2.5/100     t=3

You can do the substitution 

 Mar 18, 2015
 #1
avatar+118723 
+5
Best Answer

Ishmal invested £3500 for 3 years at 2.5% per annum simple interest. Work out the total amount of interest Ishmal earned.

 

I=Prt        P=3500,       r=2.5/100     t=3

You can do the substitution 

Melody Mar 18, 2015

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