Math, asked by saicharitharegala, 4 months ago

Calculate the compound interest on Rs.12,500 for 2 years at 6% per annum

Answers

Answered by varadzanwar
1

Answer:

1500 is the interest

Step-by-step explanation:

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mani90316: 1500
Answered by pt213665
2

Answer:

Please mark my answer as a brainiest answer

amount = P(1+r/100)n

amount = 12,500(1+6/100)2

amount= 12,500(106/100)2

amount = 12,500×106/100*×106/100

amount = 14045rs.

compound interest = amount - principle

compound interest = 14045-12,500

compound interest = 1545rs.

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