Math, asked by aasrith81, 11 months ago

Find Compound interest paid when a sum of 10000 is invested for 1 year and 3 months
at 8 —% per annum compounded annually.
O

Answers

Answered by meenakshibhogal

6

Answer:

P=10000

R=8%

T=1Year and 3months

CI=P((1+(R/100))-1)

CI=10000(((100+8)/100)-1)

CI=10000((108-100)/100)

CI=10000*8/100

CI=800 Rs

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