Q: Calculate the simple interest on 3050 at 11.5 percent for 7 years?

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56.72

18.90currency as an interest..

60 x .0739 x 4 Multiply those together and tada

7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .

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56.72

1,773.60

18.90currency as an interest..

18.90 as an interest. and principle wil remain same.

463.72

Simple interest: 144Compound interest: 152.64

19035 by simple interest

$48

$494.34 Interest= principal amount * time* simple interest %

Simple interest = 1000 * 5/100 * 3 = 150

60 x .0739 x 4 Multiply those together and tada

7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .