Asked by Juanita
Joe invests $1500 for 1 year at 7.5%. How much interest will he earn?
Answers
Answered by
damiensandowz
$1,125.
Interest = P*T*R/100
= 1500 * 1 * 7.5/100
= 112500/100
= 1125
Interest = P*T*R/100
= 1500 * 1 * 7.5/100
= 112500/100
= 1125
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