Math, asked by nimishkadubey, 11 months ago

how to find compound interest and amount principal is 7400 at 5% for 1 year.

Answers

Answered by mahakjain20

1

I hope I will help you

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Answered by aryaramesh1

2

For one year compound interest and simple interest will be same

P(1+r/100)^n

7400×105/100

=7870

Therefore amount is 7870

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