find the amount to be paid at the end of 5 years in each case Principal = Rs 6750 at 5 percent p. a
Answers
Answered by
1
Answer:
Rs 8437.5
Step-by-step explanation:
principal (p)= Rs 6750
time(t) =5years
rate(r) = 5%
interest =( p*t*r)/100
= (6750*5*5)/100
=Rs1687.5
amount = principle+ interest
= 6750+1687.5
= Rs 8437.5
Similar questions