A man invested Rs 50,000 for 3 years at the compound interest rate of 10% per annum , after 2 years the rate of interest was raised to 12%
a) Find the total interest earned by him
b) Find the amount he received after 3 years
c) Find the amount he received after 10 years if the compound rate is
15%?
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Answered by
0
Answer:
answer is=b
Step-by-step explanation:
b) Find the amount he received after 3 years
Answered by
5
FINAL ANSWER:-
a) the total interest earned by him ⇒ ₹
b) the amount he received after 3 years ⇒ ₹
c) the amount he received after 10 years if the compound
rate is 15% ⇒ ₹
GIVEN:-
- man invested Rs 50,000 for 3 years at the compound interest rate of 10% per annum
- after 2 years (1 year) the rate of interest was raised to 12%
TO FIND:-
- Find the total interest earned by him
- Find the amount he received after 3 years
- Find the amount he received after 10 years if the compound rate is 15%
FORMULAS USED:-
here
₹
SOLUTION:-
a) the total interest earned by him ⇒ ₹
b) the amount he received after 3 years ⇒ ₹
c) the amount he received after 10 years if the compound
rate is 15% ⇒ ₹
WHOLE SOLUTION IS IN ATTACHMENT
↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔↔
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