The simple interest accrued is = $750
<h3>Calculation of simple interest</h3>
The principal amount of the loan = $7500
The rate at which the interest is paid is = 2.5%
The time that it will take to pay the interest = 4 years
Using the formula for Simple interest;
SI= P×T×R/100
SI = 7500×4 × 2.5/100
SI= 75000/100
SI=$750
Therefore, the interest accrued on a $7500 loan with a 2.5% interest rate over 4 years is = $750
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Answer:
23
Step-by-step explanation:
14x2=28-5=23
Answer:
18 , 20 , 22 and 24.
Step-by-step explanation:
Let the numbers be n , n + 2, n + 4 and n + 6.
So we have the following equation:
n + 3(n + 6) = 48 + n + 2 + n + 4
n + 3n + 18 = 48 + 2n + 6
4n + 18 = 2n + 54
2n = 36
n = 18
So the numbers are 18 , 20 , 22 and 24.
