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pentagon [3]
3 years ago
10

PART 1

Mathematics
1 answer:
Harrizon [31]3 years ago
5 0

Answer:

Step-by-step explanation:

Part 1 is B and part 2 is A

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John borrowed $ from bank for 3 years at a rate of 10%
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<h3>Given:</h3>
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<h3>Note that:</h3>
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<h3>To find:</h3>
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\large\boxed{Formula: I= \frac{PRT}{100}}

First, we'll have to multiply, principal amount (12500), rate (10) and time period (3).

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Now, we'll have to divide the amount (375000) by 100.

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<em>I=$3750</em>

Now, we can find the total amount paid.

\large\boxed{A=SI+P}

Let's substitute according to the formula.

A=3750+12500

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<u>Therefore</u><u>,</u><u> </u><u>simple</u><u> </u><u>interest</u><u> </u><u>is</u><u> </u><u>$</u><u>3</u><u>7</u><u>5</u><u>0</u><u> </u><u>and</u><u> </u><u>$</u><u>1</u><u>6</u><u>2</u><u>5</u><u>0</u><u> </u><u>was</u><u> </u><u>paid</u><u> </u><u>in</u><u> </u><u>total</u><u>.</u>

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