how much will rupees 24000 amount to in 2 years at the rate of 7% p a compound interest
Answers
Answered by
3
this is based formula:
a=P{1+R/100}^time
a=P{1+R/100}^time
Answered by
10
P=24000
rate=7%
time=2yrs
A:p(r+1/100)raise to power (time given)
A:24000(7+1/100)2
=24000*(107/100)*(107/100)
=27457.6
;amount=27457.6
rate=7%
time=2yrs
A:p(r+1/100)raise to power (time given)
A:24000(7+1/100)2
=24000*(107/100)*(107/100)
=27457.6
;amount=27457.6
abhinav39:
nice answer
To whom
abhinav
c.i=amount-principal
what i will do
first not giving answer and commenting my answer
no
then what
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