find the interest paid by an Rihanna if she borrowed rupees 8000 for 2 whole 1 upon 2 years given that rate of interest is 10% per annum compounded annually
Answers
Answered by
2
Answer:
800 per annum
Step-by-step explanation:
The interest paid by Rihanna
=8000/100×10
=800 rupees perannum
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Answered by
3
Answer:
9680
Step-by-step explanation:
P is 8000
T is 2
R is 10
CI=P(1+R/100)^T
CI=8000(1+1/10)^2
CI=8000*11/10*11/10
CI=80*11*11
CI=9680
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