a sum of money invested at 8% per annum amounts to 12122 in 2 yrs. What will it amount in 2 yrs 8 months at 9% per annum
Answers
Answered by
0
Answer:
12958
Step-by-step explanation:
Given r=8%, t=2 years
We know that A=P(1+
1w
rt
⇒12122=P(1+
100]
16
⇒P=10450
After 2 years 8 months, it will be
=10450×(1+
3
8
×
100
9
)
=10450×
100
124
=Rs.12958.
Hence, the answer is 1295
Answered by
1
Answer:
Given r=8%, t=2 years
We know that A=P(1+ 1wrt )
⇒12122=P(1+ 10016 )
⇒P=10450
After 2 years 8 months, it will be
=10450×(1+38 ×1009 )=10450× 100124=Rs.12958.
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