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£15000 borrowed for 18 months at a rate of 11.5%
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4 votes
£15000 borrowed for 18 months at a rate of 11.5%

£15000 borrowed for 18 months at a rate of 11.5%-example-1
User Whiteatom
by
8.2k points

1 Answer

3 votes

Answer:

2587.5

Explanation:

intrest,

= P×T×R /100

=15000×1.5×11.5 /100

= 2587.5

User Shimon Agassi
by
7.7k points
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