FIND THE AMOUNT ON RS.12000 FOR 1 YEAR AT 10 % PER ANNUM COMPOUNDED ANNUALLY
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0
Answer:
12000 for 10 years at the rate of 12% per annum compounded annually. Compound interest=37350-12000=25350.
Answered by
0
Answer:
13200
Step-by-step explanation:
A= P(1+R/100)^n
A= 12000(1+10/100)^1
A= 12000(1+1/10)^1
A=12000(10+1/10)^1
A=12000(11/10)^1
A= 12000*11/10
A= 13200
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