(ii) Principal = 800; Rate = 1.5% per monththe following problems1 – InterviewSolution

1.	(ii) Principal = 800; Rate = 1.5% per monththe following problems1
Answer» -STEP explanation:P = 800 ,R = 1.5%INTEREST = (p)×(r)×(t)/100Interest = 800×1.5×1/100Interest = 1200/100Interest = 12per month = 12/total month PER month = 12/12per month = 1

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