Find the principal of S.I.= Rs. 450 , time = 5 years and rate =6% (p.a.) . *
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Answer:Simple Interest Formula. SI = P×r×t A = P+SI A = P(1+rt) Where, A = Final amount SI = Simple interest P = Principal amount (Initial Investment) r = Annual interest rate in percentage t = Time period in years . When calculating simple interest by days, use the number of days for t and divide the interest rate by 365. Likewise, to calculate simple interest month-wise, use the number of months for t and divide the …
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