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.

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