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1. The simple interest charged on a loan of $32500 at 8.1% p.a was $1900. What is the term expressed in months? 2. Calculate the
1. The simple interest charged on a loan of $32500 at 8.1% p.a was $1900. What is the term expressed in months?
2. Calculate the amount of interest earned from an investment of $1750 for 10 months at 4.5% p.a.
3. Calculate the rate of interest p.a. on savings of $3200 if the interest earned is $200 over a period of 8 months.
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