find the amount and the compound interest if the interest is compounded yearly rupees 6400 for 2 years at 17.5 % per annum.
Answers
Answer:
intrest =2436
amount= 8836
Step-by-step explanation:
intrest in 1st year = 6400×17.5/100
=1120
amt for second year= 6400+1120=7520 intrest in second year= 7520×17.5/100
=1316
amount at the end = 7520+1316
=8836
total intrest= 1120+1316=2436
Answer:
Hey mates
Here is your answer
intrest =2436
amount= 8836
Step-by-step explanation:
intrest in 1st year = 6400×17.5/100
=1120
amt for second year= 6400+1120=7520 intrest in second year= 7520×17.5/100
=1316
amount at the end = 7520+1316
=8836
total intrest= 1120+1316=2436.
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