What amount Madhav will get principal 2400 |- @7.5 papa for period 8 Years?
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Answer:
$ 3840
Step-by-step explanation:
principle= 2400
rate= 7.5
time= 8 years
simple interest= P × R × T/100
= 2400×7.5×8/100
= 144000/100
= $ 1400
Amount = principle + simple interest
= 2400 + 1440
= $ 3840
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