b) Find the amount and compound interest due on Rs. 15,000/- borrowed for
2 years at 12% p.a compounded yearly.
Answers
Answered by
0
Answer:
A=P(1+
100
r
)
n
=15000(1+
100
10
)
2
=Rs18150
CI=A−P=Rs3150
(ii)
A=P(1+
100
r/m
)
n∗m
=156250(1+
100
8/2
)
1.5∗2
=Rs175760
CI=A−P=Rs19510
(iii)
A=P(1+
100
r/m
)
n∗m
=100000(1+
100
4/4
)
0.75∗4
=Rs103030.1≈Rs103030
CI=A−P=Rs3030
Answered by
0
Answer:
I don't know this one answer
Similar questions