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