Math, asked by roscpctqls, 6 months ago

what is 16,000 at 3 1/4% for 42 months?

Answers

Answered by Anonymous

Answer:

Firstly, multiply the principal P, interest in percentage R and tenure T in years. For yearly interest, divide the result of P*R*T by 100. To get the monthly interest, divide the Simple Interest by 12 for 1 year, 24 months for 2 years and so on.

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