find the amount to be paid at the end of 4 years at P=1500
R=8% p.a.
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Answer:
P = 1500
t = 4 yr
R = 8% p.a.
SI = P × R × T /100
SI = 1500 × 8 × 4/ 100
SI = 480
AMOUNT = P + SI
AMOUNT = 1500 + 480 = 1980
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