13. Find the sum of money that amounts to (I) 12 000 in 4 years at the interest rate of 5% per annum. (ii) 8250 in 5 years at the interest rate of 7.5% per annum. plz give with process don't spam
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Answer:
1) 14400 ; 2)11 343.75
Step-by-step explanation:
1)p=12000
t=4 years
rate=5
interest =(p*r*t)/100
=(12000*4*5)/100
=240000/100=2400
amount=p+i=12000+2400=14400
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