2.3 R330 is invested at $$ 12.5 \% $$ simple interest per annum for a period of 3 years. Calculate: 2.3 .1 The amount accumulated. 2.4 .2 The interest

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To calculate the amount accumulated and the interest, we can use the formula for simple interest:

$$ \text{Simple Interest} = \frac{P \times R \times T}{100} $$

where:
- $$ P $$ is the principal amount (initial investment),
- $$ R $$ is the rate of interest per annum,
- $$ T $$ is the time period in years.

Given:
- Principal amount ($$ P $$) = R330,
- Rate of interest ($$ R $$) = 12.5%,
- Time period ($$ T $$) = 3 years.

Let's calculate the simple interest first:

$$ \text{Simple Interest} = \frac{330 \times 12.5 \times 3}{100} $$

Now, let's calculate the amount accumulated by adding the principal amount to the simple interest:

$$ \text{Amount Accumulated} = \text{Principal Amount} + \text{Simple Interest} $$

Let's calculate the amount accumulated and the interest.
Calculate the value by following steps:
- step0: Calculate:
  $$\frac{330\times 12.5\times 3}{100}$$
- step1: Multiply the terms:
  $$\frac{12375}{100}$$
- step2: Reduce the fraction:
  $$\frac{495}{4}$$
The simple interest is $$ 123.75 $$ units.

Now, let's calculate the amount accumulated by adding the principal amount to the simple interest:

$$ \text{Amount Accumulated} = \text{Principal Amount} + \text{Simple Interest} $$

$$ \text{Amount Accumulated} = 330 + 123.75 $$

$$ \text{Amount Accumulated} = 453.75 $$

Therefore, the amount accumulated is $$ 453.75 $$ units.

To find the interest, we subtract the principal amount from the amount accumulated:

$$ \text{Interest} = \text{Amount Accumulated} - \text{Principal Amount} $$

$$ \text{Interest} = 453.75 - 330 $$

$$ \text{Interest} = 123.75 $$

Therefore, the interest is $$ 123.75 $$ units.
The amount accumulated is R453.75, and the interest earned is R123.75.

2.3 R330 is invested at \( 12.5 \% \) simple interest per annum for a period of 3 years. Calculate: 2.3 .1 The amount accumulated. 2.4 .2 The interest

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