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Plz find the iii (3).plz plz plz

Plz find the iii (3).plz plz plz-example-1
User Bav
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1 Answer

3 votes

Answer:

Rs 937.50

Explanation:

Rs 750 for 4 years at 6 1/4% interest:

Simple interest is found using i = p*r*t, where p is the principal, r is the interest rate as a decimal fraction, and t is the number of years.

Here, i = (Rs 750)*0.0625*4 = Rs 187.50

The amount (that is, principal plus simple interest) will be:

Rs 750 + Rs 187.50 = Rs 937.50

User Blake Rivell
by
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