250 pa
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Simple interest = 1000 * 5/100 * 3 = 150
4 time periods (eg 4 years if the 5% simple interest were added each year). In simple interest, the interest is added, but attracts no interest itself (that is compound interest) - only the original value attracts the interest: 5% of RM 25000 = RM 1250 added each time RM 30000 - RM 25000 = RM 5000 RM 5000 ÷ RM 1250 = 4 time periods
Depends on how often and when the interest will be paid. typicalle once a year at the end of the year. In that case 5000 * (1.05^3) = 5788.12
5% of 5000 dollars= 5% * 5000= 0.05 * 5000= 250 dollars
350*0.025*5 = 43.75