Question

find the compound interest on Rs. 6400 for 2 years,compounded annually at 7 1/2%per annum.​

Answer 1

Step-by-step explanation:

pls refer to attachment

Answer 2

P=6400 t=2years r=15/2./.

Si=p×r×t\100 (6400×15×1/100×2

Si =480

A=si+p

6400+480

6840for 2ndyears

P=6840 t=1year. R=15/2

Si=p×r×t\100

(6880×1×15/100×2)

Si=516

A=p+si

6880+516

A=7396

CI=p-a

6400-7396

And=996