at what he rate of simple interest RS 4500 will become RS 5040 after 2 years
Answers
Answered by
0
Answer:
Therefore, at 6% annual rate of simple interest the money Rs 4500 will become Rs 5040. Please make me branliest
Answered by
1
Answer:
6%
Step-by-step explanation:
5040=4500(1+i*2)
5040/4500=1+2i
1.12-1=2i
0.12=2i
i=0.12/2
i=0.06
i=6%
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