1.$20000 for 4 1/2 years at 8/12% per annum
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Step-by-step explanation:
ANSWER
Principal (P) =Rs.20000
Rate (R) =8
2
1
=
2
17
% p.a.
Time (T) =4
2
1
years=
2
9
years
∴S.I.=
100
PRT
=
100×2×2
20000×17×9
=Rs.7650
and amount = P + S.I. =Rs.20000+Rs.7650=Rs.27650
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