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tommyaberman
18.11.2019 •
Mathematics
If valerie deposited 12,000 into an account threat earns 15% simple annual interest how much money will she have after 3 years
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Ответ:
The amount which she will have into account after 3 years is 17,400 unit
Step-by-step explanation:
Given as :
The principal which is deposited into an account = 12,000 unit
The rate of interest simple annual = 15%
The Time period = 3 years
Let The amount which she have after 3 years = A unit
From simple Interest method
Simple Interest =![\frac{Principal\times Rate\times Time}{100}](/tpl/images/0379/6537/b1668.png)
Or , Simple Interest =![\frac{12,000\times 15\times 3}{100}](/tpl/images/0379/6537/ca77c.png)
Or, Simple Interest =![\frac{540,000}{100}](/tpl/images/0379/6537/9b319.png)
∴ Simple Interest = 5,400 unit
Now,
Amount = Principal + Simple Interest
Or, A = 12,000 unit + 5,400 unit
∴ A = 17,400 unit
Hence The amount which she will have into account after 3 years is 17,400 unit . Answer
Ответ: