find the amount fast
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P : 24000
R : 7% p.a
T : 1 yr
24000 × (1+7/100)¹
24000 (100+7/100)
24000×107/100
= 25680
R : 7 1/2 %
= 15/2 % p.a.
T : 1yr
n : 1
so
A = P(1+R/100) ^n
25680 × (1+15/2×100)¹
25680 × (200+15/200)
25680 × 215/200
= 27606
Compound Interest is = A - P
= 27606 - 24000
= Rs 3606
hope it helps you
Answered by
0
Answer:
3606 is your answer
hope it helps you .
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