A sum of money put at 11/ per
annum simple interest amount to rupees 10370 in 2 year. What will it amount to in 3 year at the same rate ?
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4
Answer:
11305
Step-by-step explanation:
S=P(1+in)
10370=p(1+.11*2)
10370/1+.11*2=P
8500=p
S=8500(1+.11*2)
=11305
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