1 (b) 18,000 for 23 years at 10% per annum compounded annually. .
Answers
Answered by
5
Step-by-step explanation:
Here principal p = Rs.18,000
Rate of interest i = 10/100=1/10
Number of years n =2
Amount A = p(1+i)^n
Compound interest C.I. = A - p
= p(1+i)^n - p = 18000(1 + 1/10)^2 - 18000
=18000×(11/10)(11/10) - 18000
= 180×121 -18000 = 21780 - 18000 = 3780
So compound interest = Rs.3780
pls folløw ☹️❤️
Answered by
1
Step-by-step explanation:
The Indian Institute of Mass Communication (IIMC), along with the Thomson Reuters Foundation and UNICEF, has launched an online course on critical appraisal skills (CAS) for journalists covering healthcare news on April 25, 2018.
Similar questions