joshua379718 joshua379718

05-04-2021
Mathematics

contestada

If the compound interest paid for rupees 4000 is rupees 420 then find the

amount paid at the end of the time period

Respuesta :

MrRoyal MrRoyal

10-04-2021

Answer:

[tex]Amount = Rs4420[/tex]

Step-by-step explanation:

Given

[tex]Principal = Rs4000[/tex]

[tex]Interest = Rs420[/tex]

Required

Determine the amount paid

This is calculated as:

[tex]Amount = Principal + Interest[/tex]

[tex]Amount = Rs4000 + Rs420[/tex]

[tex]Amount = Rs4420[/tex]

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