Find the amount when principal is 7000, time is 6 years and rate is 8% per annum
Answers
Answered by
5
Answer:
₹3360
Step-by-step explanation:
principal-7000
time-6 year
Rate of interest-8%
P×T×Rate of interest
___________________
100
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Answered by
3
Principal =7000,
Rate=8%,
N=6 year
A=p(1+r/100) n
A=7000 (1+8/100) 6
A=7000 ×(1.08)6
A= 7000 × 6.48
Amount =45,360 is the correct answer
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