find the compound interest on $ 6400 for 2 years at 5/1/2 per annum. برای
Attachments:
Answers
Answered by
8
Answer:
₹723.36
Step-by-step explanation:
Principal (P) = ₹6400
Rate (R) = 5½ % = 11/2 %
Time (n) = 2 years
Amount (A) = P (1 + R/100)ⁿ
=> A = 6400 (1 + 11/200)²
=> A = 6400 (211/200)²
=> A = ₹7123.36
Compound Interest = A-P = ₹7123.36 - ₹6400 = ₹723.36
girrajmeena927:
thanks
Similar questions