$494.34 Interest= principal amount * time* simple interest %
331/3 percent simple interest will double any amount in 3 years.
67.57
1282.5
Simple interest: 144Compound interest: 152.64
$494.34 Interest= principal amount * time* simple interest %
331/3 percent simple interest will double any amount in 3 years.
56.72
6 years
Rs 80.
For simple interest, just multiply the capital times the interest (converted to a decimal, that is, percentage / 100) times the number of years.
67.57
5 years
1282.5
13,807.50
Simple interest: 144Compound interest: 152.64
He would make 250*(5.4/100)*5 = 67.57