Here the word "borrowed" is taken as Principal, given rate is 1% and time taken is 3/4 yrs.
so by using formula,
I = P*T*R / 100
= 25000*3/4*1 / 100
= 187.5
So the answer must be 187.5.
1- The interest rate is 7.5/year so 7.5/.75 year(9 months) at 500$ which would produce a profit of 28.13$ so a total of 528.13
2-7.5/year for 1.5 years(18 months) at 500$ so total interest is 56.25$ so the total is 566.25$
Answer:
Step-by-step explanation:
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