Question

1. Rahul invested * 7,000 in shares for 2 years at the rate of 12% per annum compounded annua
what is the compound interest that Rahul gets after 2 years?​

Answer 1

Answer:

Solve

After two years, now principle

amount would be,

P1=P(1+100r)2

=7000(1+10012)2

=7000(1.12)2

Interest = P1−P

=7000[(1.12)2−1]

=7000[2.22][0.12]

=1864.8

Answer 2

Answer:

here is your answer hope it helps you