Sagot :
Answer:
97,500
Step-by-step explanation:
A = P(1 + rt)
wherein,
A = Total Accrued Amount (principal + interest)
P = Principal Amount
r = Rate of Interest per year
t = Time
A = P(1 + rt)
= 75,000(1 + (0.1)(3))
=75,000 (1.3)
A= 97,500
Answer:
Step-by-step explanation:
A = P(1 + rt)
wherein,
A = Total Accrued Amount (principal + interest)
P = Principal Amount
r = Rate of Interest per year
t = Time
A = P(1 + rt)
= 75,000(1 + (0.1)(3))
=75,000 (1.3)