find the amount and the compound interest on 6500 for 2 years compounded annually the rate of interesting being 5% per annum during the first year and 6% per annum during the second year.
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Answered by
322
Heya!!
Here's uranswer!!!
P=6500
T=2
R= 6%,5%
Ci= 6500 (1+5/100)(1+6/100)
= 6500 (105/100*106/100)
= 7234.50
7234.50-6500
734.50
Hope u liked my answer. Please mark me as brainliest. ..
Here's uranswer!!!
P=6500
T=2
R= 6%,5%
Ci= 6500 (1+5/100)(1+6/100)
= 6500 (105/100*106/100)
= 7234.50
7234.50-6500
734.50
Hope u liked my answer. Please mark me as brainliest. ..
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Answered by
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hi....
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