Question

3. 36,050 is borrowed at 6.5% rate of interest p... Find the interest and the amoun
to be paid at the end of 3 years.​

Answer 1

Answer:

Intrest- $7,029.75 Amount-$43,079.75

Step-by-step explanation:

Simple Interest= P x R x T ÷ 100, where P = Principal, R = Rate of Interest and T = Time Period of the Loan/Deposit in years.

Intrest=A-P/Amount-Principal

Brainliest please...thanks!!

Answer 2

Step-by-step explanation:

P - 36050, R - 6.5%,, T - 3yr

S.I - 36050 × 65/1000 × 3 = 7029.75

Amount - 36050 + 7029.75 = 43079.75