Diego deposited $ 10000 for 4 year at a rate of 6% p.a. Find the interest and amount Diego got.
Answers
Answered by
5
Step-by-step explanation:
Hey Bro !
Si=PTR/100
si=10000×6×4/100
Si=2400
Amount=100200+2400
A=12400
Hope it will help you
saivivek16:
explain
Answered by
9
Given:
Principal (P) = $ 10000
Time (T) = 4 years
Rate (R) = 6% p.a
We know that:
S. I. = Principal × Rate × Time / 100
That is:
Substituting the values,
We get:
(10000 × 6 × 4) / 100
(10000 × 24) / 100
(240000) / 100
$ 2400
We know that:
Amount = Principal + Interest
That is:
Now:
10000 + 2400
$ 12400
The interest Diego got = $ 2400
Therefore:
The amount Diego got $ 12400
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