Which of the following is and example of a random event? A. A mailman delivering the mail around 11 a.m. each day B. The day a n
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The principal amount is
<u>SOLUTION: </u>
Given that, simple interest ;
after 3 years
We have to find the principal.
Now, let the principal amount be p.
Then,
Now, we know that, Balance = Principal amount + Simple Interest