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Question#1. How much interest is charged if $10,000is borrowed at 4.5%p.a.for 6months? Question #2 . How many months would it take an investment of $3,000
Question#1. How much interest is charged if $10,000is borrowed at 4.5%p.a.for 6months?
Question #2. How many months would it take an investment of $3,000 to earn $40 worth of interest, if it was invested at a rate of 1.5% p.a.? Round your answer up to the next whole month.
Question 3. How much was originally invested if it earned $250in 5months at 4.5%p.a.?
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