Find the amount on rs 1000 for 2 years at 12% per p.a.compounded annually. Also,calculate the compound interest.
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Question 1: Calculate the amount and compound interest on
(a) Rs 10,800 for 3 years at 12.5% per annum compounded annually.
Answer: A=P(1+R100)tA=P(1+R100)t
P = 10800, R =1212%=1212% and t = 3 years
So, A=10800(1+25200)3A=10800(1+25200)3
=10800(1+18)3=10800(1+18)3
=10800(98)3=10800(98)3
=10800×98×98×98=15377.34=10800×98×98×98=15377.34
So, Interest =A–P=A–P
=15377.54−10800=4577.34
(a) Rs 10,800 for 3 years at 12.5% per annum compounded annually.
Answer: A=P(1+R100)tA=P(1+R100)t
P = 10800, R =1212%=1212% and t = 3 years
So, A=10800(1+25200)3A=10800(1+25200)3
=10800(1+18)3=10800(1+18)3
=10800(98)3=10800(98)3
=10800×98×98×98=15377.34=10800×98×98×98=15377.34
So, Interest =A–P=A–P
=15377.54−10800=4577.34
parveenbhasin995:
in place of 10800 there is 1000
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your answer is here mate
hope it helps you
mark me brainliest
the amount will be principle + c.i
hope it helps you
mark me brainliest
the amount will be principle + c.i
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my name is sangeeta bhasin and i am girl
i want to know too
you took up a different question nyer
just look at the question asked by praveen
plz mark brainliest
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