5. Find the principal which will amount to
4,000 in 4 years at 6.25% per annum.
Answers
Answered by
1
Step-by-step explanation:
A= P +[1+R/100]power n is the formula
Answered by
2
Given,
Time =4 years
Rate of Interest =6.25
Amount =4000 Rs.
We know that
A =P (1+TR /100)
4000=P ( 1+ 4*6.25 /100)
4000= P ( 1+25/100)
4000=P ( 1+1/4)
4000=P * 5/4
16,000/5=P
3200 = P
The principal which will amount to ₹4000 in 4 years at 6.25%p.a. is ₹ 3200
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