Question

calculate the interest earned. $25,000 at 5 % for 10 years
Step by step?

Answer 1

Answer:

Interest = P × T × R

100

interest = ₹25,000 × 5 × 10

100

Interest = ₹250 × 5 × 10

= ₹250 × 50

= ₹12,500

Amount = ₹25,000 + ₹12,500

= ₹37,500

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