David deposits
1500 in a finance company which pays an interest of 5.5
per annum. Find the interest and the amount received by
after 2.5
years.
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Answered by
0
Answer:206.75
Step-by-step explanation:
I= 1500*5.5*2.5. where * is multiply and 2.5 is 2 years and 6 months.
1500*5.5*2.5
__________ fraction line.
100*10*10
15*55*25
_______
10*10
= 206.75.
AMOUT= 1706.75
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