What principal will amount to 4600 in 6 years at 23/2℅ simple interest
Answers
Answered by
17
Answer:
a
Step-by-step explanation:
amount = 4600
time = 6years
rate = 23/2%
=11.5%
principal =?
si = p×t×r/100
=p×6×11.5/100
= 0.69p
principal = amount - si
p = 4600- 0.69p
p+0.69p = 4600
1.69p = 4600
p = 4600/1.69
=2721. 89
Answered by
0
Answer:
amount = 4600
time = 6years
rate = 23/2
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