Answer:
Interest= $10000
Step-by-step explanation:
So we are to calculate the interest at 5% annum of $200000.
Ok , we'll use the formula
PRT/100 = interest
Where P = principal
R = rate
T= time
(200000* 5*1)/100 = interest
1000000/100 = interest
10000 = interest
Interest= $10000
