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Dax borrowed Nu 5000 from the bank to buy a computer. she paid the money back at the end of 1 year.she was charged 12 percent simple interest for the year. what amount did Dax pay in interest.how much did Dax have to pay back​

Respuesta :

sreedevi102

Answer:

Interest = Nu 600

Amount = Nu 5600

Step-by-step explanation:

P = Nu 5000

R = 12%

T = 1

[tex]Interest = \frac{PRT}{100} = \frac{5000 \times 12 \times 1}{100} = Nu \ 600[/tex]

[tex]Amount = P + Interest = 5000 + 60 0 = Nu \ 5600[/tex]

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