Find the compound interest on Rs 18000 for 2 years at the rate 15 1/2 % per annum compounded annually
Answers
Answered by
0
Answer:
answer is 22500
Step-by-step explanation:
use the method of compound formula
Answered by
2
24012.45
Step-by-step explanation:
15 1/2% = 31/200
P: A
200 : 231
200 : 231
___________
40000 : 53361
|×0.45 |×0.45
18000 24012.45 Answer
basic method:
A = 231/200 * 231/200 * 18000
= 24012.45
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