2 years ago

Principal = $ 15000, rate = 10% p.a. and time 21/5 years PLS HELP ASAP

Mathematics

1 answer:

denpristay [2]2 years ago

4 0

Answer:

Simple Interest: A=P(1+rt)

A=15000(1+(0.1*4.2))

A=$21,300

Compound Interest:A=P(1+r/n)^nt

A=15000(1+0.1/4.2)^1*4.2

A=$64,500

Step-by-step explanation:

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