Question

a person borrows $50000 from state bank of india at 7.5% per annum simple interest for 5 years find the amount he has to return to the bank at the end of the 5 years ans - 68750​

Answer 1

$53760

Explanation:

Rui Feng borrows $48 000 from a bank that charges simple interest at a rate of 6% per annum.