4.) Find the amount to be paid at end of 5 years for principal
Rs.8000 at the rate of 5% p.a.
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Answer:
Amount to be paid is rupees 10,000
Step-by-step explanation:
I = P*R*T/100
I = 8000*5*5/100
I= 2000
Amount = P+I
Amount = 8000+2000
= 10,000
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