Amit deposited rupees 2,000 in his savings bank account the interest on the amount is 4% p.a. how much money will Amit have at the end of 18 month
Answers
Answered by
4
Answer:
Principal=2000
Rate = 4%
Time=18 months
P*R*T/100 = 2000*4*18/100
144000/100 = 1440
1440+2000 = 3440
Answered by
3
Answer:
Step-by-step explanation:
- p = 2000
- rate = 4%
- time = 18 out of 12 months =
- the formula is
- so after substituting we get, = 120
- so Amit will have a total of (2000 + 120)rupees at the end of 18 months = 2120 rupees at the end of 18 months.
- Thanks, hope it helped
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