find the compound interest on a sum of rupees 7000 at 8% per annum for 2 years compounded annually
Answers
Answered by
10
P=$7000
R=8%
n=2 years
CI=P[(1+R) whole power n-1]
CI=7000[(1+8) whole power2-1]
CI=7000×80
CI=560000
R=8%
n=2 years
CI=P[(1+R) whole power n-1]
CI=7000[(1+8) whole power2-1]
CI=7000×80
CI=560000
Similar questions
Environmental Sciences,
7 months ago
English,
7 months ago
Social Sciences,
7 months ago
English,
1 year ago
Math,
1 year ago