find the compound interest on the following principal =2800, rate%p.a.=10%,number of years =1 by 1 upon 2
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Answer:
Step-by-step explanation: AMOUNT = P[1+R/100]RAISED TO THE POWER T.
=2800[1+10/100] [1 + 10/100 * 1/2]
=2800*11/10* 21/20
=Rs. 3234.
CI= AMOUNT - PRINCIPAL
= 3234-2800
= Rs.434
kumarrakash662:
it is very helpful
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