50,000 for 25 years at 10% pa.
25 years at 10% p. a. Find CI
Answers
Answered by
0
Step-by-step explanation:
p=50,000
r=10%
n=25
CI=AMOUNT-PRINCIPAL
AMOUNT=P(1+r\100)^n
=50000(1+10/100)25
=50000(11/100)25
Answered by
0
Answer:
41500
Step-by-step explanation:
A = P(1 + r/100)^nt is the formula for C.I.
Let's see now the solution :m
A = 50000(1+10/100)^25
A = 50000(1.1)^25
A = 50000(10.83)
A = 541500.
Hence after 25 years the total amount is 541500.But we need to calculate the C.I.
C.I. = A - P = 541500-50000 = 41500
HOPE it helps
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