Math, asked by indumanju, 11 months ago

Calculate the amount if Rs 12000 is invested at 12%p.a compounded annually for 2 years. Also find the compound interest.

Answers

Answered by sahasraramadugu2005
3

A=P(1+R/100)^N

A=12000(1+12/100)²

A=12000(1+3/25)²

A=12000(25/25+3/25)²

A=12000(28/25)²

A=12000×28/25×28/25

A=15,052.8 rupees

C. I = A-P

=15,052.8 - 12000

=3,052.8 rupees

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