Question

18,000 for 2year 6 month at 10% per annum compounded annually.​

Answer 1

Answer:-

RS 3780 , is the total compounded annually.

Step-by-step explanation:

P = 18000

T = 2 years

R = 10%

Amount = p (1 + R /100)^2

= 18000( 1 + 10/100)^2

= 18000 x 11/10 x 11/10

= 21780 RS

Now,

Compound interest = Amount - principal

= 21780 - 18000

= RS 3780

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