27.2k views
4 votes
Borrwed 25000 at ir10.5%
for ten years accured interest

User WTPK
by
5.2k points

1 Answer

1 vote
Answer
Interest = 26250$
25000 x 10.5 x 10 /100
= 26250 $
Total Amount to be paid =
25000 + 26250 = 51250$
User Reza Farjam
by
5.3k points