Question

calculate the amount and compound interest on rupees 18000 for 2 years at 10 % per annum compounded annually​

Answer 1

Answer:

compound interest=3600

amount=21600

Step-by-step explanation:

i =prt/100

i=18000*1*10/100

i=1800

1800+1800=3600

compound interst=3600

amount=p+i

           =18000+3600

           =21600

amount=21600