Find the amount and compound interest on 7500 for 2 years 8 months at 10% p. a., compounded annualy
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Answered by
27
principal = rs7500
rate = 10℅
time = 2½ year
NOW, amount = p ( 1 + r℅)² ( 1 + ½× r/100)
= 7500 (1 + 10/100)² ( 1 + ½× 10/100)
= 9528.75
CI = 9528.75 - 7500
= 2028.75
rate = 10℅
time = 2½ year
NOW, amount = p ( 1 + r℅)² ( 1 + ½× r/100)
= 7500 (1 + 10/100)² ( 1 + ½× 10/100)
= 9528.75
CI = 9528.75 - 7500
= 2028.75
ajitesh7752:
Wrong
the time is 2 yrs 8 months means2(2/3)
ok sorry
my mistake
it's ok i correct it
ok
Answered by
22
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