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MATHEMATICS

JAMB 2017 - Question 2

Mathematics 2017 JAMB Past Questions - Question 2: Calculate the simple interest on #6 500 for 4 years at 6%.

Calculate the simple interest on #6 500 for 4 years at 6%.

A: 1,200

B: 1,560

C: 2,400

D: 2,200

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Correct Answer

Explanation

I = PTR /100= 6500 x 4 x 6 /10065 x 4 x 6= 1,560Yes, that's correct. The result of 0.0028213 divided by 0.634 is 0.0044547, and when expressed in standard form, it is 4.4547 x 10^-3.