what is the principal? with rate 10% Time 5Years Simple Interest 2,500,00 and what is the future value?
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Answer:
750000/-
Step-by-step explanation:
R = 10 %
T = 5years
I = 250000/-
• Pricipal = 100×I/R×T
= 100×250000/10×5
Principal = 50000/-
& Future value = 250000+50000
= 750000/+
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