Question

1
* 18,000 for 5/2 years at 10% per annum compounded annually.​

Answer 1

Step-by-step explanation:

Calculate the amount and compounded interest on.

RS - 18,000 for 2 one by two years at 10% per annum compounded annually.

I hope you understand this.

Answer 2

Answer:

formula to find compound interest annually = A = P ( 1 + R /100) ⁿ

P = 18000

R = 10%

T = 5/2 = 5 years {2(5/2)}

A = 18000(1+10/200)²(5/2)

= 18000(1+1/20)⁵

18000(20+1/10)⁵

18000(21/20)⁵

18000*21/20*21/20*21/20/*21/20*21/20

= 22973.06

therefore CI = A - P

= 22973.06-18000

= 4973.06

____________ Answer

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