find compound interest principal-6000 Rate-10% and Time-2years
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Principal(p)=6000
Rate(r)=10%
Time(n)=2years
amount=P(1+R/100)n
=6000(1+10/100)2
=6000(1+1/10)2
=6000(11/10)2
=6000*11/10*11/10
=60*11*11
=7260
Compound interset=A-P
=7260-6000
=1260
Rate(r)=10%
Time(n)=2years
amount=P(1+R/100)n
=6000(1+10/100)2
=6000(1+1/10)2
=6000(11/10)2
=6000*11/10*11/10
=60*11*11
=7260
Compound interset=A-P
=7260-6000
=1260
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