shaneilagolden13 shaneilagolden13

01-11-2020
Mathematics

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Mr. Taylor invests $60 000 in a bank which pays a simple interest of 4% p.a. After 9 months, he withdraws all his money. How much does he receive altogether?

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fatimunir24 fatimunir24

01-11-2020

Answer:

$61800

Step-by-step explanation:

i = prt / 100

60000x4x0.75 / 100

interest is 1800

1800 + 60000 = 61800

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