Calculate the amount on a sum of
rs 15000 at 12 percent pa compounded annually
for 2 years
Answers
Answered by
5
Answer:
18600
Step-by-step explanation:
p=15000
r=12% p.a.
t=2 years
s.i.=(p*r*t)/100
=15000*12*2/100
=3600
amount=s.i.+p
=3600+15000=18600
Answered by
1
Answer:
18,816
Step-by-step explanation:
p=15,000
R =12%p.a.
T=2years
A=P(1+R)N
100
A=15000(1+12/100)²
A=15000(112/100)²
A=₹18,816
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