Question

4. Find the sum of money that amounts to 26 000 in 5 years at the interest rate of 6% per annum
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Answer 1

Answer:

P=26000

T=5yr

R=6%

I=P×R×T/ 100

26000×5×6

78000/100=780

A=P+I

26000+780

26780.

Step-by-step explanation:

firstly we will write for the principal and the time and the break percent and then we will calculate it with the formula and then we will take out amount