(a) Linda deposits RM 2,600 in an account when she was 15 years old. The simple interest rate offered is 4.3 % per annum. Find the simple interest earned when she is 21 years old. (b) RM 600 is invested on 5 May 2021 at a simple rate of r % per annum. The amount on 4 June 2021 using Banker's rule is RM 604.50. Find the interest rate.
(a) Linda deposits RM 2,600 in an account when she was 15 years old. The simple interest rate offered is 4.3 % per annum. Find the simple interest earned when she is 21 years old. (b) RM 600 is invested on 5 May 2021 at a simple rate of r % per annum. The amount on 4 June 2021 using Banker's rule is RM 604.50. Find the interest rate.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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