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Bankers Rule
Questions (5)
Find the number of days using Bankers Rule if RM990 was invested at 5% simple interest rate and received interest RM200.
a. 3.5
1 answer
asked by
Lita
25 views
Find the number of days using Bankers Rule if RM990 was invested at 5% simple interest rate and received amount RM1000.
1 answer
asked by
Lita
40 views
A debt of RM3,000 on 8 February 2018 became RM3,150 on 8 June 2018. Calculate the value of the debt on 19 May 2018 using the
1 answer
asked by
Lita
31 views
Find the interest rate using Bankers Rule if RM990 was invested for 21 days and received interest RM2.
a.
1 answer
asked by
Ayu
29 views
A debt of RM3,000 on 8 February 2018 became RM3,150 on 8 June 2018. Calculate the value of the debt on 19 May 2018 using the
1 answer
asked by
nana
31 views
Parent Categories (4)
Financial Mathematics
Interest
Interest Calculations
Interest Rates
