Carlinsteven602
Carlinsteven602
24-05-2017
Mathematics
contestada
834 3% 15 months simple interest
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snowdove
snowdove
24-05-2017
If it is 3% for a year then
834 x 3/100 = 25.02 which is for 12 months.
The next three months is (25.02/12)x3 = 6.25 for 3 months
So for 15 months 25.02+6.25= 31.45
But if it is 3% monthly then
25.02 x 15= 375.30
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