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2 votes
$1,000 at 7.5% for 30 months

User Sungyong
by
3.7k points

1 Answer

1 vote

Explanation:

principal=1000

rate=7.5

time=30 moths

interest= principal multiplied to rate multiplied to time by 100

which give 100multiplied to 7.t multiplied to 30 by 10p

which gives 22500by 100

which gives 225

amount= interest plus principal

= 225+1000

=1225

User Dave Turner
by
4.4k points