Question

> Calculate the amount due and compound
interest an & 10000 in 2 years when the
rate of interest on Successive years is
8% per annum and 9% per annum respectively.​

Answer 1

Answer:

Here, P = 10,000 Rs., n = 2 years R1 = 3 and R2 = 4 Amount at the rate R1 is A1 = P (1 + R1100 )n = 10000 (1 + 3100 )2 = 10000 (103100)2 = 10609

Step-by-step explanation:

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