Principal= 28000, Time = 5 years, Rate= 1.5%p.a. Calculate the amount?
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Answers
Answered by
1
A=P(1+rt)
=28000(1+5*1.5)
=30100
Answered by
1
Amount=Principal(Rate +1/100)power time
A=28000(15+1/1000)power 5
A=28000(3+1/200) power 5
A =28000(203/200)power 5
A=28000*203/200*203/200*203/200*203/200*203/200
A=Rupees 30,163.95211
Hope it will help you.
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