10. Ria deposited 18000 in the Bank of India for one year in fixed deposit. The bank pays 1
interest per annum and the interest is calculated half-yearly. What amount will she receive ale
one year?
15% compound interes
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Step-by-step explanation:
Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.
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Answer:
instant of R=10% u can take R=15%
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