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07.
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Find the amount of 4,800 for 11 years at 5% per annum.
Answers
Answered by
1
Answer:
2640 and 7440
Step-by-step explanation:
Simple interest = (p*t*r)/100
p is the principal amount
t is the time
r is the rate of interest
S.I = (4800*11*5)/100
S.I = (48*11*5)
S.I = 2640
Total amount = 2640 + 4800 = 7440
985019:
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Answered by
0
Answer:
2640 and 7440
Step-by-step explanation:
Simple interest = (p*t*r)/100
where p is the principal amount, t is the time and r is the rate of interest
S.I = (4800*11*5)/100
S.I = (48*11*5)
S.I = 2640
Total amount = 2640 + 4800
= 7440
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