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2 June, 13:25

Use the formula for interest P=750 r=7% Y=25 A=?

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  1. 2 June, 13:49
    0
    2062.50

    Step-by-step explanation:

    Interest = (Principle x rate x time) / 100

    Amount = Principle + interest

    Principle = 750

    Rate = 7%

    Time = 25 years

    (750 x 7 x 25) / 100

    = 131250/100

    =1312.50

    Principle = 750

    Interest = 1312.50

    Amount = 750 + 1312.50

    Amount = 2062.50
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