|
The simple interest on a true discount of $100 for 3 years at a particular rate is $200. Calculate the sum.
|
|
0
|
117
|
February 24, 2018
|
|
Calculate the simple interest on a sum of $5000 at an interest rate of 20% per annum for a period of 1 year
|
|
0
|
111
|
February 23, 2018
|
|
The compound interest earned over 5 years on a certain sum of money is $1000 at an interest rate of 20% per annum. How much interest would have been earned if simple interest had been charged instead of compound interest?
|
|
0
|
134
|
February 23, 2018
|