Rashmi invest in a company rs 15000. company paid interest to her at 14% per annum. how much amount will she get from company after 6 years.
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Answer:
Rs. 27600
Step-by-step explanation:
Given
principal amount p = 15000
Interest rate r = 14%
time for muturity t = 6 years
Total interest amount = prt/100
= 15000× 14× 6/100 = 12600
Total amount = 12600 + 15000 = 27600
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