Question

on
Compound interest 7500 for
1 year at 8.5% per annum.
combonded annually​

Answer 1

Answer:

A=RS 8,137.5

Step-by-step explanation:

A=P( 1+ r/100)^n

A=7500(1+(8.5/100))^1

A=7500(1+0.085)^1

A=7500(1.085)

A=8,137.5