5 years
If it is simple interest, then it is 2700. ■
5,132.33^10
Rs 84 in all.
(Amount of working capital/100)*12
It depends on whether the 4% interest is per annum or for 8 years altogether. Also, you have to see if it is a simple interest or compounded interest.
$494.34 Interest= principal amount * time* simple interest %
Rs 80.
670.50
If it is simple interest, then it is 2700. ■
5,132.33^10
120
Rs 84 in all.
(Amount of working capital/100)*12
30 years
3
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
It depends on whether the 4% interest is per annum or for 8 years altogether. Also, you have to see if it is a simple interest or compounded interest.