Question

future amount 500000 rate of 6% for 4 years. how much money we have to pay right now?​

Answer 1

=5,00,0000/4 ×6/100

by simplifying

=1,250×3

=3,750

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Answer 2

Step-by-step explanation:

P×T×R/100

P= 500000

T=4YR

R=4%

NOW,

$500000 \times 4 \times 6 \ \\ 100$

=12000