Math, asked by danielrobin005, 7 months ago

calculate the compound interest on 10000 for 2 years at 6% p.a

Answers

Answered by pankaj9689

1

Answer:

1236

Explanation:

Amount : P(1+R/100)^T

=10000(1+6/100)^2

=10000(106/100)^2

=10000*106*106

100*100

=11236

Compound interest = 11236-10000

= 1236

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