1. Calculate the amount and compound interest on
EXERCISE 8.3
1
(a) +10,800 for 3 years at 123 % per annum compounded annually.
(b) *18,000 for 25 years at 10% per annum compounded annually.
1
1
(c) 762.500 for 1
years at 8% per annum compounded half yearly.
2.
(d) 58,000 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.
1
Answers
Answered by
1
Answer:
(e) 10,000
Step-by-step explanation:
I hope my answer usfull
Similar questions