Question

simple interest accrued if principal 5000
rate 5% time 4years then what compound interest if principal 3000 rate5% time
2 year.


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Answer 1

Step-by-step explanation:

1st=p×T×r/100

1st=5000×5×4/100

1st=1000

2st=p×r×t/100

2st=3000×5×2/100

2st=100