Math, asked by mahavirsinhtuvra, 16 hours ago

1 (b) 18,000 for 23 years at 10% per annum compounded annually. .​

Answers

Answered by SugaryHeart
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

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Answered by xXitzFlirtygirlXx
1

Step-by-step explanation:

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