Respuesta :
♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫
➷ Find the multiplier:
5% ==> 1.05
Use the formula:
final = original x multiplier^n
n is the number of years
Substitute in the values:
final = 3250 x 1.05^6
solve:
final = 4355.310832
The answer is Rs. 4355.31
✽
➶ Hope This Helps You!
➶ Good Luck (:
➶ Have A Great Day ^-^
↬ ʜᴀɴɴᴀʜ ♡
Answer:
I = 975
Step-by-step explanation:
Formula for simple interest is
I = PRT
Where P is the principal, r is the annual interest rate, and t is the loan period expressed in years.
p = 3250, r = 5% and t = 6yrs
I = 3250 × 5 × 6/100
I = 97500/100
I = 975
Hope this helps