Question Number 41479 by jasno91 last updated on 08/Aug/18
Answered by tanmay.chaudhury50@gmail.com last updated on 08/Aug/18
$$\mathrm{73}\:{days}=\frac{\mathrm{73}}{\mathrm{365}}=\frac{\mathrm{1}}{\mathrm{5}}{years} \\ $$$${p}=\mathrm{1175} \\ $$$${r}=\mathrm{10\%} \\ $$$${t}=\mathrm{1}+\frac{\mathrm{1}}{\mathrm{5}}=\frac{\mathrm{6}}{\mathrm{5}}{years} \\ $$$${i}=\frac{{ptr}}{\mathrm{100}}=\frac{\mathrm{1175}×\mathrm{6}×\mathrm{10}}{\mathrm{5}×\mathrm{100}}=\frac{\mathrm{235}×\mathrm{6}}{\mathrm{10}}=\frac{\mathrm{47}×\mathrm{3}}{}=\mathrm{141} \\ $$$${amount}=\mathrm{1175}+\mathrm{141}=\mathrm{1316} \\ $$