calculate the amount that will be in the bank after 4 years if R2500 was invested at 9% .p.a Simple interest.
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Answered by
2
SI = pnr/100
= 25000*4*9/100
=250*4*9
1000*9
=9000
Answered by
3
Principal = Rs 2500
Time = 4 years
Rate of interest = 9 %
SI = PRT / 100
=> SI = ( 2500) (4)(9) / 100
=> SI = 25 × 36
=> SI = 900
Amount = Principal + SI
= 2500 + 900
= Rs 3400
Time = 4 years
Rate of interest = 9 %
SI = PRT / 100
=> SI = ( 2500) (4)(9) / 100
=> SI = 25 × 36
=> SI = 900
Amount = Principal + SI
= 2500 + 900
= Rs 3400
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