Maths Assignment 2

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Simple Interest = P*R*T

Name Principle ROI Time Simple Interest Total Instalment


A 16,000 2% 6 1920 17,920 2987
B 15,000 3% 2 900 15,900 7950
C 25,000 3.50% 10 8750 33,750 3375
D 30,000 4% 12 14400 44,400 3700
E 50,000 5.50% 7 19250 69,250 9893
Compound Interest = Amount - Principle

Amount = Principle*(1+Rate)^Time

Sr. No Name Principle Time Rate CI Amount


1A 100000 4 3% 12551 112551
2B 50,000 4 4% 8493 58493
3C 75,000 5 4% 16249 91249
4D 60,000 6 8% 35212 95212
5E 92,000 3 7% 20704 112704
Fixed Deposits
Name A B C D
Deposited Amount 300,000 50,000 45,000 52,000
Rate 7.50% 4% 5% 6%
Time 20 7 24 15

Amount 1274355 65797 145129 124621


E
420,000
9%
12

1181319

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