Kiara earned a scholarship of rs 7500 in her school. She decided to put her money in a bank that pays an interest of rs. 4.25% p.a. How much money will she get after four years?
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interest = (principal × rate × time) ÷ 100
= (7500×4.25×4) / 100
= 1275
amount = principal + interest
= 7500+1275
= 8775
hence kiara will get rs 8775...
= (7500×4.25×4) / 100
= 1275
amount = principal + interest
= 7500+1275
= 8775
hence kiara will get rs 8775...
rohit7472:
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