find the amount for ₹15,000 at 8%per annum compounded annually for two years.
saurabh223:
Hi diya
Answers
Answered by
15
Hey mate here's your answer,
Principal(P) = 15000
Time (T)= 2 yrs
Rate (R)=8%
Interest (I)=?
We know that ,
I = P×T× R÷100
= 15000×2×8÷100
=2400
Now,
A= P + I
= 15000 + 2400
=17400
Hope it's helpful for you. ❤❤❤❤❤❤
Principal(P) = 15000
Time (T)= 2 yrs
Rate (R)=8%
Interest (I)=?
We know that ,
I = P×T× R÷100
= 15000×2×8÷100
=2400
Now,
A= P + I
= 15000 + 2400
=17400
Hope it's helpful for you. ❤❤❤❤❤❤
Answered by
4
Answer:
Rupees=17,496
Step-by-step explanation:
A=P(1+R/100)n=formulae
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