Math, asked by savita1234, 1 year ago

a person invest 5600 at 14% per annum compound interest for 2 years. Calculate the (i) interest for the first year

Answers

Answered by aira73

7

formulae for interest =p*r*t/100
5600*14*2/100
56*14*2
=1568
=interest =1568

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