1 Answers
I'm assuming the rate is for one year's time. So, let's solve this by using the equation I = PRT: I = PRT. I = 37500 × 0.1 × 1. I = $3750.
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Answered
I'm assuming the rate is for one year's time. So, let's solve this by using the equation I = PRT: I = PRT. I = 37500 × 0.1 × 1. I = $3750.