Math, asked by preetichoudhary1jais, 2 months ago

5. A bank charged 10.5 interest on the loan taken from the bank. A person took Rs 7500 and returned the money, within 8 months. How much did he return?

Answers

Answered by sahilkoushik50

2

https://courses.lumenlearning.com/wmopen-mathforliberalarts/chapter/introduction-how-interest-is-calculated/

Step-by-step explanation:

I is the interest

A is the end amount: principal plus interest

P

0

is the principal (starting amount)

r is the interest rate (in decimal form. Example: 5% = 0.05)

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