solve it 9 John deposited $5000 in a bank at a simple interest rate for 6...

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Question

9 John deposited $5000 in a bank at a simple interest rate for 6 months. If the interest rate was 2% higher than that offered

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Answer 1

Answer #1

t=6 monts F & years P=15000 , 8= R1 (at), t= 1 yers Now 5000 X RX 1/2 So In = pxxxt - so loo 100 so but S.IL = 25R Interset j

Answer 2

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