(a)
\The total Income is .
Time period is years.
Rate of interest .
Find principal income compounded monthly.
\Compound interest is .
Rewrite the equation .
For monthly compounded .
Substitute all the values in the equation.
\
The prinicipal income is .
(b)
\The total Income is .
Time period is years.
Rate of interest .
Find principal income compounded continuously.
\Compound interest is .
Substitute all the values in the equation.
\
The prinicipal income is .
(a) The prinicipal income is .
(b) The prinicipal income is .