Find the amount when principal is
29200, rate 6%, Time 4 year 3 months.​

Question

Find the amount when principal is
29200, rate 6%, Time 4 year 3 months.​

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Cora 11 months 2021-06-30T15:35:27+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-06-30T15:36:44+00:00

    Answer:

    Rate = 6 % Time = 4 years 3 months = 4.25 years

    Step-by-step explanation:

    Given:

    Principal = Rs. 29200

    Rate = 6 %

    Time = 4 years 3 months = 4.25 years

    We have to –

    Find the amount.

    Formulas Needed:

    The formulas are –

    ~ SI =PRT/100

    A = P + SI

    Abbreviations Used:

    SI = Simple Interest

    A = Amount

    P = Principal

    R = Rate

    T = Time

    Solution:

    Find the SI.

    Use the formula,

    PRT

    SI 100

    Substitute the values,

    29200 x 6 x 4.25

    100

    Cancel the zeros,

    292 x 6 x 4.25

    Multiply the values,

    SI = Rs. 7446

    Find the A.

    Use the formula,

    A = P + SI

    Substitute the values,

    A = 29200 + 7446

    Add the values,

    A = Rs. 36646

    Final Answer:

    .. Thus, the amount is Rs. 36646.

    0
    2021-06-30T15:37:09+00:00

    Answer:

    29200. Rate = 6 % Time = 4 years 3 months = 4.25 years.

    hope this is help you☺ friend

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