Question

find the amount and the interest when : principal is 4400 , time 2.5 yrs and rate of interest is 11 percent​

Answer 1

Step-by-step explanation:

Principal=440

Time=2.5 yrs

Interest=11%

Hence,

=PxRxT/100

=440x11x2.5/100

=12,100/100

=121

Therefore,

Interest=121

Amount=4400+121

=4521