18,000 for 2 1/2 years at 10% per annum compounded annually.
Answers
Answered by
3
Answer:
P. is 18000
T. is 2 1/2 years
R. is 10% per annum
IN FRACTION :-
compound interest for 2 years
+
simple interest for 1/2 year
P. 18000
N. 2
R. 10%
Amount = P ( 1 + R/100 )n
18000 = 1 +10/100 square
CUT ZERO FROM ZERO
18000 = 1 +1/10 square
18000 = 10+1/10 square
18000 = 11/10 square
18000 × 121/100
180 × 121
21780
Similar questions