find the amount to be paid at the end of 5 years if principal Rs 10000 at 6 percent pa
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Answer:
13000
Step-by-step explanation:
first calculate the interest
Interest = (principle * rate of interest * time) /100
= (10,000 * 6 * 5) /100
= 3000 rupees
Total amount = Principle + Interest
= 10,000 + 3000
= 13,000 rupees
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