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Math

Answered

i have Php 50,000 in the bank. If the bank pays me 11% simple interest on this amount every years, how much interest will i get for 2 years
a. php 15,000.00
b. php 11,000.00
c. php 5,000.00
d. php 12,000.00

Sagot :

Kuromugo Kuromugo

Answer:

the answer is B

Step-by-step explanation:

50,000 x 0.11 = 5,500

5,500 x 2(years) = 11,000

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