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

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asked May 23, 2022 159k views

2 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

Endzeit asked

by Endzeit

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1 Answer

5 votes

Answer:

# 28750

Explanation:

Intrest = P. A. * Intrest Rate * Time

Intrest = 250000 * 11.5/100 = 28750

Gnllucena answered May 27, 2022

by Gnllucena

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