Calculate the amount of simple interest on $9,000 deposited at an interest rate of 5% for two year
A) $900
B) $922.50
C) $9900
D)
9922.50

Question

Calculate the amount of simple interest on $9,000 deposited at an interest rate of 5% for two year
A) $900
B) $922.50
C) $9900
D)
9922.50

paki · Answer

simple... use formula... I=P*R*T/100

I= 9000*5*2/100 = 900$... so option A.... @noah4151

anonymous · Answer

ok thanks @paki i wasnt there for class when we learned it and its do tommorow

paki · Answer

ahhh... welcome dear... :-)

anonymous · Answer

im a guy... @paki

paki · Answer

so what... i have no interest with gender... i am here to help everyone dear... :-) @noah4151

anonymous · Answer

just the word dear is usally used for girls but ok @paki

paki · Answer

ahhh... but in my country, this word is used for "respect purpose" @noah4151