if tolu collects a loan of #250,000 from a bank at the rate of 11 whole number 1 over 2% interest how much will she pay as interest at the end of the year

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Zahra asked Mar 5, 2022

325,284 views

28 votes

if tolu collects a loan of #250,000 from a bank at the rate of 11 whole number 1 over 2% interest how much will she pay as interest at the end of the year

Mathematics
high-school

Zahra asked Mar 5, 2022

by Zahra

2.7k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

19 votes

Answer:

# 28750

Explanation:

Intrest = P. A. * Intrest Rate * Time

Intrest = 250000 * 11.5/100 = 28750

Arsenm answered Mar 10, 2022

by Arsenm

3.1k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions