56.7k views
3 votes
Can someone solve this? (25points)

Can someone solve this? (25points)-example-1

2 Answers

4 votes
Interest = Principal * n (years)* rate/100 so based on the first problem of $780 = ($3000 principal *2 years * r) /100, r=13. So in this case the interest rate was 13%.

We can use the 13% to calculate the second part of the question by using the formula of i=Pnr/100 to get:

i=4500*9*13

So i = $5265
User Alon Alush
by
7.2k points
3 votes
It should be 5265.00$
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