Find the amount, present value and interest of an annuity of rs. 200 for 12 years, the the rate rate of C.I. is 3% per annum
Answers
Step-by-step explanation:
P=Rs.12000,Time=2 Years,Rate=5% and 6%
P=Rs.12000,Time=2 Years,Rate=5% and 6%A=P(1+
P=Rs.12000,Time=2 Years,Rate=5% and 6%A=P(1+ 100
P=Rs.12000,Time=2 Years,Rate=5% and 6%A=P(1+ 100R
)
) T
) T
) T ⇒12000(1+
) T ⇒12000(1+ 100
) T ⇒12000(1+ 1005
) T ⇒12000(1+ 1005
) T ⇒12000(1+ 1005 )(1+
) T ⇒12000(1+ 1005 )(1+ 100
) T ⇒12000(1+ 1005 )(1+ 1006
) T ⇒12000(1+ 1005 )(1+ 1006
) T ⇒12000(1+ 1005 )(1+ 1006 )
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000×
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 ×
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100106
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100106
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100106
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100106 ⇒13356Rs
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100106 ⇒13356RsC.I=A−P
) T ⇒12000(1+ 1005 )(1+ 1006 )⇒12000× 100105 × 100106 ⇒13356RsC.I=A−P⇒13356−12000=1356Rs.
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