Calculate the principal amount which earns $500 simple interest over 3 Years at a rate of 8% p.a round to the nearest cent
1 answer:
You might be interested in
Answer:
Step-by-step explanation:
Given
On first day bag contained 1 kernels
on second bag contained 2 kernels of corn
on third day bag contained 4 kernels of corn
on n th day bag contains kernels of corn
thus on 26 th day bag contains kernel
Each kernel weigh 0.07 gm
Therefore kernels weighs
Therefore on 26 th day kernel weighs 23,488.1024 kg