Answers

2015-01-08T11:31:24+05:30
GIVEN , PRINCIPAL=$1500 RATE OF INTREST=6% TIME=5 YEARS

SIMPLE INTREST = P X R X T/100
                              =   1500 X 6 X 5/100 
                              =$450
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2015-01-08T16:10:01+05:30
P = $1500;    R = 6%     T = 5 yrs

SI =  \frac{PTR}{100}

 \frac{1500×5×6}{100}

= $450
Interest = $450
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