amount at the end of T years
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Answer:
A = amount
SI = Simple interest
P = Principle
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Amount = simple interest + principal
Step-by-step explanation:
Amount at the end of T years will be
amount = simple interest + principal
where
simple interest is the interest paid by the consumer which is charged on the principal amount on a annually basis
simple interest can be calculated by
SI =
where P is the principal , R is the rate, T is the time duration
then,
total amount paid at the end of T years = SI + principal
#Learn more:
P= 5000, r=?, T=2 years ,A for first year = 5325. Calculate the amount at the end of second year , to nearest rupee
https://brainly.in/question/10134237
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