Question

Find the simple interest on 6000 at 4% p.a. for $\frac{7}{2}$ years. Also find the amount to be paid at the end of the peroid ?

Answer 1

Answer:

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Answer 2

Answer:

Simple intrest - 420

Amount to be paid at the end of the period - 6420

Step-by-step explanation:

SI = P.R.T/ 100

P=principal

R= rate of intrest

T=time period(years)

SI = (6000x4x(7/2))/100

SI= 420

amount to be paid at the end = 6000+420=6420