A man invested N5,000 for 9 months at 4%. What is the sim...
A man invested N5,000 for 9 months at 4%. What is the simple interest?
N150
N220
N130
N250
Correct answer is A
S.I. = P×R×T100
If T = 9 months, it is equivalent to 912 years
S.I. = 5000×4×9100×12
S.I. = N150
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