Find the compound interest on Rupess 6500 for two years at 9% per annum
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principal=6500
time=2 years
rate=9% p.a
now,
A=P(1+R÷100)^n
A=6500(1+9÷100)^2
A=6500×109÷100×109÷100
A=77,226,500÷10,000
A=7,722.65
therefore,compound interest=7722.65-6500
=1222.65
ANS)))COMPOUND INTEREST=1222.65 rupees
HOPE YOU LIKE IT!!!!!!!!!!!
time=2 years
rate=9% p.a
now,
A=P(1+R÷100)^n
A=6500(1+9÷100)^2
A=6500×109÷100×109÷100
A=77,226,500÷10,000
A=7,722.65
therefore,compound interest=7722.65-6500
=1222.65
ANS)))COMPOUND INTEREST=1222.65 rupees
HOPE YOU LIKE IT!!!!!!!!!!!
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