if $ 6000 is borrowed at 6 % per annum simple interest. find the interest and amount to be paid at the end of 3 years.
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Answered by
2
Step-by-step explanation:
s.i= p×r×t/100
6000×6×3/100
rs 1080
Answered by
3
Answer:
Principal=$6000
Rate of Interest=6%
Time=3 years
Simple Interest- P×R×T = 6000×6/100×3
60×6×3=$1080
Amount= Principal+Simple Interest
$6000+$1080
=$7080
Step-by-step explanation:
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