Question

6000 for 2 years at 9% per annum compounded annually.​

Answer 1

Answer:

Question

✳️6000 for 2 years at 9% per annum compounded annually.

Solution ⬇️

$a = p(1 + \frac{r}{100} ) {}^{t} \\ a = 6000(1 + \frac{9}{100} ) {}^{2} \\ 6000 \times (\frac{109}{100} ) {}^{2}$

✍️7128.6/-

✍️ Compound interest=A-P

✍️7128.6-6000

=>1128.6/-

Step-by-step explanation:

hope you appreciate this ans