If I borrowed $15,000 and at the end of 2 years I have to pay back 8% interest, how much is the interest?

Md Ariful Islam

বিএসসি(সিএসই) , এমবিএ(মার্কেটিং)

সফটওয়্যার ইঞ্জিনিয়ার Bissoy.com

4 views

2025-01-04 04:42

1 Answers

Dr. Md Rushad Rahman

এমবিবিএস(আরপিএমসি) , পিজিটি(মেডিসিন)

ইন্ডোর মেডিকেল অফিসার রংপুর কমিউনিটি মেডিকেল কলেজ হাসপাতাল,রংপুর সাধারণ চিকিৎসক প্রধান মেডিকেল সেন্টার,ঢাকা ক্যান্টনমেন্ট,ঢাকা বিএমডিসি রেজিস্টার.নং. এ-১02864

You just use the formula provided in the article above. I'll do it for you just as an example. Let's use the formula I = PRT: I = PRT. I = 15000 × 0.08 × 2. I = 2400.

4 views Answered 2016-09-28 08:12

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