Question

a sum of money amounts to$2537.50 at 12½%simple interest per annum after 4 years find the sum​

Answer 1

Step-by-step explanation:

This is your answer.

Amount with simple interest

=PRT/100

=(2537.50×12.5×4)/100

= 1268.75

Amount= P+SI

=2537.50+1267.75

=$3806.24

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