5. Vivan borrowed a sum of money from a bank at 9% per annum. If he paid 5940 as interest after three
years, find the sum he borrowed and the total money he repaid.
(please answer me).
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Rich guy ngl,ViVan is rich
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Answer:
intrest-59493
rate-9%
time-3years
principal-?
let the principal be x
intrest = p*r*t/100
5490=x *9*3/100
5490*27/100
549*27=14,823
therefore principal=14,283
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