the prize of a car is 500000.the interest of loan is at 6% every year.what could be the prize after 2 years
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Answer:
5,60,000
Step-by-step explanation:
As we know,SI=P×R×T
=500000×6×2÷100
=60000
ATQ,
Prize of car after two years=Amount
Amount=P+SI
=500000+60000
=560000
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