Math, asked by yalu1582, 11 months ago

calculate the amount due and the compound interest on rupees 40 40,000 for 2 years in the rate of interest successive years is 7% and 8% respectively

Answers

Answered by ritikraj200490

Answer:

Step-by-step explanation:

In order to figure out number of years required to double your investment, divide 72 with the interest rate. In our case,interest rate is 10% so time required to double Rs5000 will be 7.2 years.

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calculate the amount due and the compound interest on rupees 40 40,000 for 2 years in the rate of interest successive years is 7% and 8% respectively​

Answers

calculate the amount due and the compound interest on rupees 40 40,000 for 2 years in the rate of interest successive years is 7% and 8% respectively