calculate the compound interest due in two and half years on rupees 6000 at 10% c
ompounded annually
Answers
Answered by
8
Step-by-step explanation:
Amount=P(1+r/100)²+pr/200
=6000×121/100+6000×10/200
=7260+600=7860
compound interest=(7860-6000)=1860rupees
Answered by
18
Step-by-step explanation:
first
time = 5/2
rate = 10 percent
principal = Rs 6000
Amount= p ( 1 + R/100)+prt/100
= 6000(1+10/100)²+6000×10×1/200
= 6000×(11/10)²+600
= 6000×121/100+600
= 7260+600
= 7860
Compound Interest = A - P
= 7860 - 6000
= 1860
Hope it will help you
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