Math, asked by prabhthind4832, 7 months ago

₹ 18,000 for 212 years at 10% per annum compounded annually.

Answers

Answered by nikunjc971
3

Step-by-step explanation:

We have,

P=Rs. 18000

T=2

2

1

=

2

5

years

R=10%

A=?

We know that

A=P(1+

100

R

)

T

Therefore,

A=18000(1+

100

10

)

2

5

A=18000(1+

10

1

)

2

5

A=18000(

10

11

)

2

5

A=18000×(

10

11

)

2

×(

10

11

)

2

1

A=18000×(

100

121

)×(

10

11

)

2

1

A=180×121×(

10

11

)

2

1

A=Rs. 22843.06

Hence, this is the answer.

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