Question

₹10, 000 was lent to rajesh at 12% p. a. compund interest, interest being payable annually. find how much he has to pay after 3 years.
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Answer 1

Answer:

Rakesh lent out Rs. 10000 for 2 years at 20% per annum, compounded annually. How much more he could earn if the interest be compounded half- yearly?

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

p=10000 R=12% n=3yrs

A=10000(1+12/100)³

=10000(1.12³)

10000×1.404928

=14049.28 is the ans