Calculate amount has to be return.principle=10000 t=3 years s.i=2% on every 100 rupees. monthly
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Answered by
1
ptr/100
Step-by-step explanation:
try this formula u no need to do monthly
Answered by
1
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 2%/100 = 0.02 per year.
Solving our equation:
A = 10000(1 + (0.02 × 3)) = 10600
A = $10,600.00
The total amount accrued, principal plus interest, from simple interest on a principal of $10,000.00 at a rate of 2% per year for 3 years is $10,600.00.
Hope my answer helps you :))
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