How much compound interest is earned by investing rs20000 for 6 years at 5% per annum compounded anually
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P = rs 20000
R = 5% p.a.
T = 6 years
Compound Interest = rs 6801.912875
= rs 6801.91
Hope it helps....
Please mark as brainliest if useful....
R = 5% p.a.
T = 6 years
Compound Interest = rs 6801.912875
= rs 6801.91
Hope it helps....
Please mark as brainliest if useful....
Attachments:
harsh284:
amount=p(1+r/100)
ci=a-p
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