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