Asked by Annadona

Calculate the interest and the total amount.

a)a loan of $1750 at a 4.8% for over five years.

b)an investment of 1500 at 3% per year over three years.
Answered by Ms. Sue
Interest = principal times rate times time

I = 1750 * 0.048 * 5

Do the second problem the same way.

I'll be glad to check your answers.
Answered by Abdullaha
1750 x 0.048 x 5 = 420
Answered by Abdullaha
420
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