Math, asked by brijeshsinghkushwaha, 4 months ago

Exercise 9.1
By using the formula find the amount and compound interest of the following:
(a) P = 6000, T = 2 years and R 19% per annum compounded annually
Hodnually​

Answers

Answered by adarshpratapsingh367
4

Answer:

amount by simple compound = 8280

amount by compound interest =8496.4

Step-by-step explanation:

here p=principal=6000

t=time =2 years

r= rate =19%/ annum

formula of S. I. = PRT

formula of S. I. = PRT 100

»6000×2×19/100=8280

formula of C. I. = p( 1+ r

 p(1 + \binom{r} {100} )

100

»6000×1+(19/100)‹2

»8496.4

hope this will help you........

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