Question from Compund Interest
I the value of P(principle) be "a" , value of R(rate) be "3a" , value of T(time) be "5a" compounded annually. Find the C.I(compund interest) And A(amount).
Hint- Do not cofuse with capital "A" and small "a".
Capital "A" denotes Amount in C.I
Small "a" is a constant
Formula of finding amount is
[tex]amount= \\ principal(1 + \frac{rate}{100} )^{time} [/tex]
Amount = 50625
Answers & Comments
Answer:
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Step-by-step explanation:
A is the right answer
Verified answer
Answer:
A is the right answer
Step-by-step explanation:
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