Question

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Answer 1

Answer:

hey mate

I have no idea

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Step-by-step explanation:

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Answer 2

Answer:

Interest -

It is the additional money besides the original money paid by the borrower to the moneylender ( bank, financial agency or individual) in lieu of the money used by him.

Formula-

Simple interest = Principal×Rate×Time/100

Compound Interest -

The difference between the final amount and the (original) principal is called compound interest .

Step-by-step explanation:

5. given, principal= rs 8000, time= 3yrs, and rate = 10% per annum

Principal for 1st year= Rs 8000

Interest for 1st year= P ×R×T/100

= rs 8000 ×10×1/100

=rs 800

Amount after 1st year=rs 8000+800

= rs 8800

Principal for 2nd year= rs 8800

Interest for 2nd year= P×R×T/100

= rs 8800×10×1/100

= rs 880

Amount after 2 years =. rs 8800+rs 800

= rs 9680

Principal for 3rd year=rs 9680

Interest for 3rd year = P×R×T/100

=9680×10×1/100

=rs 968

Amount after 3 year = rs 9680+968

=rs 10648

Amount due at the end of the 3rd year = Rs 10648