English, asked by euniceadubofour808, 6 months ago

what deposit made today will provide for an interest payment of 1000 in 1 year of the effective rate of interest is 7.5%

Answers

Answered by shreyatyagi38

1

Explanation:

P= interest*100÷r*t

p=1000*100/7.5*1

p=13333.33....

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