Find amount when principal is 7150 and rate is 5% time is 2.5 years

Question

asked Sep 2, 2023 5.5k views

1 Answer

Marco Jakob · Answer 1 · 2023-09-08T16:00:32+0000

Answer:interest =p×r×t ÷100

Time = 21/2 -5/2

Interest = 7150×5×5/100×2

answer =1787.5

Amount = P-I

7150-17875/10

Answer = 5362.5

Explanation: