Question

1. Find the amount and compound interest :
(a) Principal = 36225, Rate =13%, Time=2 years
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Answer 1

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

Answer 2

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