The simple interest of 8500 for 2 years at 8% p.a is?
Answers
Answered by
0
Step-by-step explanation:
principal =8500
time=2 years
rate=8percent
SI=PRT/100
SI=8500×8×2/100
SI=1360
hope it may help you
Answered by
0
Answer:
a=p(1+r÷100)^n
=8500(1+8/100)^2
=8500(27/25*27/25)=9914.4
ci=A-p=9914.4-8500=1414.4
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