pls answer guys, fast...
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Hey,Nadini,I am sending you also solution of other questions,wait.
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chris7833:
3.Principal = 1920,Time = 11 month,change in year 11/12,Rate = 39/4,S.I = 19200×11/2×39/4×1/100 = 1,716,Find amount?
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Answer:
(i) 862.50
(ii) 3180
(iii) 1716
Step-by-step explanation:
I=Pin
I=Interest
P=Principal amount
i=interest rate
n=time/how long the payment is due
(i) (4500)(0.0766667)(2.5) = 862.5 {per annum is yearly}
(ii) (6360)(0.08)(6.25)= 3180
(iii) (19200)(0.0975)(11/12)= 1716 {I convert 11 months to a year by deviding it by 12}{12 months in a year}
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