Question

1. Calculate the amount and compound interest on
1
(a) 10,800 for 3 years at 12% per annum compounded annually.
(b) 18,000 for 2 years at 10% per annum compounded annually.
1
(C) 262,500 for 12 years at 8% per annum compounded half yearly.
(d) 8,000 for 1 year at 9% per annum compounded half yearly.
(You could use the year by year calculation using SI formula to verify).
(e) 10,000 for 1 year at 8% per annum compounded half yearly,
Kamola borrowed 26400 from a Bank to buy a scooter at a rate of 15​

Answer 1

Step-by-step explanation:

CI= A-P

= 15173.2224- 10800

= ₹4373.2224

I have done four sums and the rest one sum u can do as they are the same.