Question

I.
1. Find the appreciated/depreciated value for the situations given below.
a. P = 1000, T = 2 years, Rate of increase 2%
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Answer 1

Answer:

simple interest=40

Step-by-step explanation:

we know that

simple interest=P×R×T/100

SI=(1000)×(2)×(2)/100

SI=40

Answer 2

Answer:

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