Find compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually
Answers
Answered by
1
interest per year 8000x15/100 =1200
2+4/12x 8000=2796
2+4/12x 8000=2796
SHASHI11111:
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bro and sis so, which is correct answer
compound interest.... are 3109 are absolutely right
what?
2796 is correct
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I have another question for u
Answered by
1
I = n×t×r. / 100
first made a 2 y. in months and add 4 months.
2×12+4 =28 m.
800×15×28/100
I = 3,360
first made a 2 y. in months and add 4 months.
2×12+4 =28 m.
800×15×28/100
I = 3,360
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