Find the time when : ↑
pls answer both questions.
Answers
Answer:
Step-by-step explanation:
Simple Interest Calculator
Solve for:
Where: A = P(1 + rt)
Principal (P): $
Rate (R): %
per year
Time (t):
Time Unit:
Answer:
A = $11,937.50
I = A - P = $1,937.50
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3.875%/100 = 0.03875 per year.
Solving our equation:
A = 10000(1 + (0.03875 × 5)) = 11937.5
A = $11,937.50
The total amount accrued, principal plus interest, from simple interest on a principal of $10,000.00 at a rate of 3.875% per year for 5 years is $11,937.50
Answer:
qu
Step-by-step explanation:
queshion1=principal(p)= Rupees 2500 Rate (R)=4% per a Innum Interest (T) in years solution: we know that I = PXRX1-100 = 200= 2500x441-100 = T= 2 years Hence the time period is 2 years