Moving to another question will save this Question 4 Suppose

Moving to another question will save this Question 4 Suppose that you barrow 10.000 AED at 10% simple interest, the the total amount to pay in five years is O 10,000 AED O 10,500 AED O 500 AED O 10,100 AED Moving to another question will save this response

Solution

A=P+I.

P=10000

t=5 yrs

i=10%=0.10

I=P*i*t =10000*0.10*5= 500

so Amount A =10000+500=10500 AED

SO OPTION B