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Earlier discussion
1 older comment kept for context.
Oluwaseun Adeyemi
Calculate the simple interest on ₦7500 for 8 years at 5% per annum
S.I = \(\frac{P \times R \times T}{100}\)
S.I = \(\frac{7500 \times 5 \times 8}{100}\)
S.I = \(\frac{300000}{100}\)
S.I = ₦3000