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Answer my question no 13.First (right) answer will be brainliest. |
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Answer» Given Principal = 46875, R = 8. (1) Interest for the 1ST year: We know that A = P(1 + r/100)^n = > 46875(1 + 8/100)^1 = > 46875(1 + 8/100) = > 46875(108/100) = > 46875(27/25) = > 50625. We know that CI = A - P = 50625 - 46875 = 3750. (ii) the amount standing to his credit at the end of the second year. = > A = P(1 + r/100)^n = 46875(1 + 8/100)^2 = 46875(108/100)^2 = 46875(27/25)^2 = 54675. (IV) Amount at the end of 3rd year. = > A = 46875(1 + 8/100)^3 = 46875(108/100)^3 = 46875(27/25)^3 = 59049. (iii) Interest for the 3rd year: = > CI = A - P = 59049 - 54675 = 4374. Hope this helps! |
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