Question

ON RS 450 A 4% pen annuform for 2years and 9 months using formula​

Answer 1

Answer:

S.I. = Rs 13.50

Amount = Rs 463.50

Step-by-step explanation:

Principle= Rs 450, rate= 4%, time= 9 months

time= 9 months = 9/12 years= 3/4 years

S.I.= (p*r*t)/100 = (450*4*3/4)/100 = rs 1350/100 = rs 13.50

amount = p+S.I. = 450+13.50 = Rs 463.50