Question

find the compound interest RS. 1200@8% annuals 2 year if the intrest is calculated annually ,half yearly , quarterly​

Answer 1

Answer:

Step-by-step explanation:

CI=A−P

A=P(1+  100 r  )  n

 P=1,200;n=2;r=10

∴A=1,200(1+  100 1)

=1,200(  10)  2

=  100

=1,200×121

​

=Rs1,452

CI=1,452−1,200=Rs252