10,000 is borrowed at 6.5% rate of the interest p.a. find the insterest and the amount to be paid at the end of 3 years
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Answer:
P=10,000
R=6.5% P.A.
T=3 yrs
roi=1950
amount=11950
10000*6.5/100*3
=1950
amount=roi+p
=11950
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