Question

what principal would amount to 14000 in 8 years at 5% ​

Answer 1

$\sf \Large Solution!!$

Amount = Rs 14000

Time = 8 years

Rate = 5%

Interest = $\sf \dfrac{P\times T\times R}{100}$

Interest = $\sf \dfrac{P\times 8\times 5}{100}$

Interest = 0.4P

Amount = Interest + P

Amount = 0.4P + P

14000 = 1.4P

P = Rs 10000

Answer 2

What principle amount would to 14000 in 8 years at 5% SI

SI 14000*5*8/100

5600

please thanks me