15.Find the CI on Rs 6400 for 2 years, compounded annually at 7.5% per annum.
(2 Points)
3900
3970
3972
3950
Answers
Answered by
2
Answer:
Solution :
A=Rs.6400×(1+15100)2
=6400(215200)2
=6400×4340×4340
=> Rs.7396
CI=A−P
=7396−6400
=Rs.996
Answer : 996
Answered by
0
Answer:
A=P(100+R/100) ^N
A=6400(100+7.5/100) ^2
A=7396
CI=A-P
CI=7396-6400
CI=996
Similar questions