Calculate the compound interest for the second
year on 8.000/- invested for 3 years at 10%per annum
Answers
Answered by
0
Answer:
A = P(1+r)^n
A = 8000(1.1)^2
A = 9680
CI = A -P
CI = 9680 - 8000
CI = 1680
I hope that helps you
Answered by
2
8457 is the answer for your question
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