lillianneal
12.06.2021 •
Mathematics
Using those examples,can you please solve;
At one time,the Bhutan National Bank charged 15% interest per year for a personal loan. Suppose you had borrowed the money and paid interest at the end of each year.
A.If you had borrowed Nu 1000, how much would you have paid back in interest at the end of one year?
B.How much interest would you paid at the end of two years?
C.Make a chart to show how much interest you would have paid after 3 years, 4 years, and so on up to 10 years
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Ответ:
Ответ:
Step-by-step explanation:
rate of interest per year = 15%
A.principal = Nu 1000
time =1 year
rate of interest = 15%
interest=?
Interest =PTR/100
=1000*1*15/100
=15000/100
=Nu 150
B.principal = Nu 10000
time = 2 years
rate of interest =2*15%
=30%
Interest=?
Interest = PTR/100
=1000*2*30/100
=60000/100
=Nu 600
Ответ:
is number 3
Step-by-step explanation:
see explanation on the attached
hope it helps