The answer would be 89.90558242
If u round it off, the answer will be 90
Answer: the correct option is A
Step-by-step explanation:
Cost of the bus is $25000. She took a loan of $25000 to be paid of in 5 years at an interest rate of 7%.
The formula for simple interest is expressed as
I = PRT/100
Where
I = interest
P = principal or initial amount borrowed
T = time in years
R = interest rate in percentage
From the information given,
P = 25000
R = 7%
T = 5 years
Therefore
I = (25000 × 7 × 5)/100 = 875000/100
I = $8750
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The dude on top of me is correct
Puede ser el 2 creo pero espera a q algien más responda
