I am leaving from brainly app please whose rank is genius and brainly star rank will answer these two rank will answer this question please answer otherwise no rank will answer
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Answer:
The interest is 369 and the amount is 625
Explanation:
A = P [ (1+R)^nt ]
since,
A = P + I
I = A - P
Therefore
I= P [ (1+R)^nt - 1 ]
where,
P is principal
I is interest
R is rate
n is 4 (Quarterly)
t is time
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