Calculate the compound interest on 6000 at 10% per annum for two year
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ANSWER: 1260
Step-by-step explanation:
first find the amount
Amount= P(1+R/100) T
= 6000( 1+10/100)2
= 6000× 11/10×11/10
=60× 11×11
=7260
compound interest= Amount - principal
= 7260- 6000
= 1260 ans.
Answered by
1
Sorry I am poor at maths
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