lifeofgolden1 lifeofgolden1

22-10-2019
Mathematics

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Use the formula for interest P=750 r=7% Y=25 A=?

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gamermahiuk gamermahiuk

22-10-2019

Answer:

2062.50

Step-by-step explanation:

Interest = (Principle x rate x time)/100

Amount = Principle + interest

Principle = 750

Rate = 7%

Time = 25 years

(750 x 7 x 25)/100

= 131250/100

=1312.50

Principle = 750

Interest = 1312.50

Amount = 750 + 1312.50

Amount = 2062.50

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