Find the amount of interest earned on R 5 000 invested for 5 years at 9 % per annum simple interest.



5 000.09


R 200 000


R 5 000


R 2 250


R 11 111

R 2 250

To find the interest earned on simple interest, you can use the formula: Interest = Principal x Rate x Time

Interest = R 5 000 x 0.09 x 5 = R 2 250

Therefore, the amount of interest earned on R 5 000 invested for 5 years at 9% per annum simple interest is R 2 250.