33. Find the simple interest on GHC 600.00 which was saved for 8 months at 5% per annum. A. GHC 20.00 B. GHC 40.00 C. GHC 45.00 D. GHC 240.00 34. If the median of the numbers 9, 10, 12, x, 20 and 25 is 14, find the value of x. A. 14 B. 16 C. 18 D. 22
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The formula for simple interest is: \[ \text{Simple Interest} = \frac{P \times R \times T}{100} \] where \( P \) is the principal amount, \( R \) is the rate of interest per annum, and \( T \) is the time in years. Show more…
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