Math, asked by kmittu845, 5 months ago

find the amount and the component interest on 38000 in 2 years if the rate is 7% for the first year and then 9% for the second year.

Answers

Answered by Anonymous

4

Answer:

int for the first year = 38000×7×1/100

2660

amt= 38000+2660

40660

int for the 2nd year = 40660×9×1/100

3659.4

amt= 40660+3659.4

44319.4

ci= 44319.4 -38000

CI=6319.4

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