Question

10,800 borrowed for 2 year at 12% per annum . compounded annually calculate the amount after 2 year ​

Answer 1

Answer:

13,392 the answer

Step-by-step explanation:

p=10,800

r=12%

t=2

I=ptr/100

10800×2×12=2592

so,amount = P+I

10800+2592=13392