elatrysse elatrysse
  • 15-05-2023
  • Mathematics
contestada

Mr Adams invested $5 000 at the credit union and received $5 810, inclusive of simple interest. after 3 years.

Determine

(i) the simple interest earned

(ii) the annual interest rate paid by the credit union

(iii) the length of time it will take for Mr. Adams’ investment to be doubled, at the same rate of interest.

Relax

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