Math, asked by amssre13142, 8 months ago

find the amount and compound interest where principal is $4800 rate is 7 1/2
% p.a. time is 2 yrs

Answers

Answered by arpan28094

1

Answer:

8812.92

Step-by-step explanation:

P=4800. first year

R=71/2

I=4800*71*1/100*2=1704

A=4800+1704=6504

second year

P=6504

R=71/2

I=6504*71*1/100*2=2308.92

A=6504+2308.92=8812.92

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