Question

Khalid invests $6750 at 8.5% per annum. How much interest has he earned and what is the total amount in his account after 4 years?​

Answer 1

Step-by-step explanation:

I m sorry I don't know

very sorry

Answer 2

Answer:$2295, $9045

Step-by-step explanation:

principle:$6750

Rate:8.5%

Time:4 years

Simple interest=

PRT/100

Therefore S.I =

6750*85*4/1000=$2295

Amount=S.I+ Principle

Therefore amount=$2295+$6750=$9045

Answers:S.I:$2295,amount:$9045.