Calculate amount has to be return.principle=10000 t=3 years s.i=2% on every 100 rupees. monthly About the author Kennedy
Step-by-step explanation: First, converting R percent to r a decimal r = R/100 = 2%/100 = 0.02 per year. Solving our equation: A = 10000(1 + (0.02 × 3)) = 10600 A = $10,600.00 The total amount accrued, principal plus interest, from simple interest on a principal of $10,000.00 at a rate of 2% per year for 3 years is $10,600.00. Hope my answer helps you :)) Reply
ptr/100
Step-by-step explanation:
try this formula u no need to do monthly
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 2%/100 = 0.02 per year.
Solving our equation:
A = 10000(1 + (0.02 × 3)) = 10600
A = $10,600.00
The total amount accrued, principal plus interest, from simple interest on a principal of $10,000.00 at a rate of 2% per year for 3 years is $10,600.00.
Hope my answer helps you :))