Question

Find the rate if interest is 2,000, principle is 30,000 for 3 years

Answer 1

Answer:

principal=30,000

Time=3years

Rate=2,000

P(1+R/100)t

30,000(1+2,000/100)3

30,000(100+2000/100)3

30,000(2100/100)3

30,000×21×21×21

277,836,000 Answer

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