Math, asked by reena73nayak, 1 day ago

find the compound interest on rupees 12000 at 8% p.a for two years
step by step explanation​

Answers

Answered by yousufali793
0

Step-by-step explanation:

P = 12000

r = 8/100 = 0.08

t = 2

A = ?

according to formula

A = P(1+r)^t

A = 12000(1+0.08)^2

A = 12000(1.1664)

A = 13996.8

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