Asked by Keeva
Mary borrows €8,500 for three years at an interest rate of 4.5% per annum.if she makes no repayments,how much will she owe at the end of the three years?
Answers
Answered by
Ms. Sue
I = PRT
I = 8,500 * 0.045 * 3
I = ?
Add the interest to the principal.
I = 8,500 * 0.045 * 3
I = ?
Add the interest to the principal.
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