1. Find the amount and compound interest :
(a) Principal = 36225, Rate =13%, Time=2 years
Answers
Answered by
0
Answer:amount= 46255.70
Ci= 10030.70
Step-by-step explanation:
A= P(1+ r/100)^n
A= 36255*113*113/10000
= 46255.70
CI= A-P
= 46255.70-36255
= 10030.70
Answered by
0
Answer:
simple interest =principle x rate of interest x time / 100
principle =36225, rate=13/100 time =2 years
36225x13/100x2=18837/2=9418.5
Amount =principal +interest
36225+9418.5
=45643.5 ans
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