Find the simple interest on N280.00 for 2 and half years at 3% per annum.
Find the rate
interest on N280.00 for 2 and half years and principal N 21.00
I= PRT
Simple interest =
280 Nigerian naira X 2.5 X 0.03
= 21 Nigerian naira
interest on N280.00 for 2 and half years and principal N 21.00
Simple interest =
280 Nigerian naira X 2.5 X 0.03
= 21 Nigerian naira