1. Calculate the amount and the compound interest on ? 12500 for 2 years at 12% per
annum, compounded annually.
Answers
Answered by
3
Answer:
96800 is the ans
Step-by-step explanation:
Here p= rs12500
t=2years
rate=12percent
using the formulla
p (1-r/100)^t
Answered by
10
Answer:
A=15680, C.I=3180
Step-by-step explanation:
For 1st Year:
P=12500, R=12%, T=1yr
S.I = P*R*T/100
= 12500*12*1/100 = 14000
For 2nd year:
P=14000, R=12%, T=1yr
S.I = P*R*T/100
= 14000*12*1/100 = 15680
C.I = Amount-Original Principal
= 15680-12000
=3180
HOPE IT HELPS!!!
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