Calculate the amount and compound
interest on 15,500 for 15 years at the rate
of 15% per annum compounded annually.
Answers
Answered by
0
Answer:
A=P(1+
100
r
)
n
=15000(1+
100
10
)
2
=Rs18150
CI=A−P=Rs3150
Answered by
0
Answer:
I=pnr
=15500×15×0.15
=34875
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