Question

find the conount and the compound
Intereset at the rate of 10% per annum
for 1.5
Sum of 8000 when
a
Com po upoled annually
years on​

Answer 1

Answer:

OLUTION:-

════════════

Given:

Principal,[P]= Rs.8000

Rate,[R]= 10% p.a.

Time,[n]= 1.5 years

To find:

══════

The amount & compound Interest.

Explanation:

══════════

The Interest is compound quarterly: 4 months

So,

We know, Compound Interest:

C.I.= Amount- Principal

&

Therefore,

Now,

C.I.= Rs.8834.08 - Rs.8000

C.I.= Rs.834.08