Question

A4.
Find out the simple interest and the total amount for a
sum of 30,890 at an annual rate of 10% for 25 years.
%​

Answer 1

Answer:

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Step-by-step explanation:

Principal = 30890

Rate of interest =10%

Time=21/2 years that is 5/2 years

Step-by-step explanation:

Simple Interest =PRT/100

=30890×10×5/100×2

=7722.5

therefore interest =7722.5

amount =principal +interest

=30890+7722.5

=38612.5

Answer 2

Answer:

30890×10×25÷100 = 77225