Question

if simple interest of an amount at the rate of 9% pa is $ 9,045 for 4 years , then find the principal​

Answer 1

Answer:

Step-by-step explanation: diavinad8 and 4 more users found this answer helpful.

Explanation:

Answer 2

$Answer ⬇️$

Formula : Simple interst ×100/rate per annum ×Time

• P = 9045×100/9×4

• 904500/9×4

• 100500 ×4

= 402000

Hence, the principle amount = $ 402000.