## Calculate amount has to be return.principle=10000 t=3 years s.i=2% on every 100 rupees. monthly

Question

Calculate amount has to be return.principle=10000 t=3 years s.i=2% on every 100 rupees. monthly

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2 months 2021-08-02T04:38:17+00:00 2 Answers 0 views 0

1. ptr/100

Step-by-step explanation:

try this formula u no need to do monthly

2. 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 :))