Question

find Compound interest p=6000,T=2year andR=19% per annum compounded annually ​

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Step-by-step explanation:

For the first year-

P = 6000

T = 1

R = 19

so, S.I = P×R×T/100

= 6000×19×1/100

= 1140

hence amount = 6000+1140

= 7140

For the second year-

P = 7140

R = 19

T = 1

so S.I = P×R×T/100

= 7140×19×1/100

= 1356.60

Amount = 7140+1356.60

= 8496.60

so compound interest = ( 8496.60-6000 )

= 2496.60

hope it helps you........