4. What is the simple interest on N450 for 4 years at 4'/,% A. N71 B. N81 C. N91 D. N101 E. N111

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 29PS: What rate of interest to the nearest hundredth of percent is needed so that an investment of 2500...
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4. What is the simple interest on N450 for 4 years at 4'/,%
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A. N71 B. N81 C. N91 D. N101 E. N111
Transcribed Image Text:4. What is the simple interest on N450 for 4 years at 4'/,% To A. N71 B. N81 C. N91 D. N101 E. N111
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