3. Find the interest on 12,000 for 2 years at 12.5%
per annum compounded annually. Also calculate
the amount at the end of 2 years.
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2
Answer:
hope its helps and easy to understand..if useful do follow..thank you
Step-by-step explanation:
=Rs.12000,Time=2 Years,Rate=5% and 6%
A=P(1+
100
R
)
T
⇒12000(1+
100
5
)(1+
100
6
)
⇒12000×
100
105
×
100
106
⇒13356Rs
C.I=A−P
⇒13356−12000=1356Rs.
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