Find the compound interest on rs 1000 at the rate of 20
Answers
Answered by
0
Answer:
Step-by-step explanation:
Data insufficient. Provide Number of years and rate of compounding(Yearly, Quarterly,Half yearly).
Formula Compound Interest = P((1+(Rate/100))^(No. of years*Compound rate)-1)
Compound rate is 1 for yearly, 2 for half yearly, 4 for quarterly,12 for monthly,52 for weekly.
Similar questions