How much will 7500 amount in 2 years at rate 12% ci?
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Hi Friend !!!
Here is ur answer !!!
CI = p(1+r/n)^n
= 7500(1+12/2)²
= 7500(1+6)²
= 7500×7²
= 7500×49
= ₹ 367,500
Hope it helps u : )
Here is ur answer !!!
CI = p(1+r/n)^n
= 7500(1+12/2)²
= 7500(1+6)²
= 7500×7²
= 7500×49
= ₹ 367,500
Hope it helps u : )
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