Question

calculate the amount and the C.I on rs 70,000 on 2 years at 15% per annum compounded annually
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Answer 1

Step-by-step explanation:

1. 70000(2+15)=70000*17 =11900
2. A = P + I where
3. P (principal) = $ 70,000.00
4. I (interest) = $ 24,314.57

Answer 2

Answer:

annual compound interest is,92,725