Find the amount of compound Interest in p=7000 , R=20% ,T = 2 1/2 yrs
Answers
Answered by
1
The answer will be 14700
shilpa55:
it is compound interest not simple interest
ok,i see
actually i haven't done this till now
I have finished now only and thank yoy all
Answered by
2
Hey mate ur answer!!!!!
principle=Rs 7000
Rate= 20%
Time= 21/2 years= 10 1/2 yeras
A= (1+ r/100)(1+r×time/100)
A=( 1+20/100)^10(1+20×1/2/100)
A = Rs 11,693,783,880,000
HOPE,IT HELPED
principle=Rs 7000
Rate= 20%
Time= 21/2 years= 10 1/2 yeras
A= (1+ r/100)(1+r×time/100)
A=( 1+20/100)^10(1+20×1/2/100)
A = Rs 11,693,783,880,000
HOPE,IT HELPED
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