Answer the below question, please.
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Step-by-step explanation:
Here,
(p) = $6750
(R) = 8.5 %
(T) = 4 years
Than ,
simple interest ( Si) = ( P*T*R)/100
= (6750* 4*8.5) /100
=229500/100
=$2295
Now,
Total amount of money receive by him =
$2295 + $6750
= $9045 answer