Math, asked by RYSUEIMAI, 1 year ago

I borrowed rupees 12000 from Jameshed at 6% per annum simple interest for 2 years had I borrowed this sum at 6% per annum compound interest with extra amount would I have to pay

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Answered by harshi312

5

rs 14,924 compound interest with extra amount would have to pay

harshi312: sorry 14,923

RYSUEIMAI: it's OK but please solve the answer copletely

harshi312: okay

RYSUEIMAI: where are you writting

harshi312: p= 12000,R =6 % ( 0.06) per annum t =2 years s.I =ptr = 12000. 0.06.3=1200.0.12=rs 1440 , compounded interest= p[( 1+ r/100)^t-1)] =. 12000[(1+6/100)^2-1] = 12000.[1+0.06]^2-1] = 12000[ 0.12] = 1,483.0 .There fore the total amount you need to pay is rupees (12000+1440+1,483) =Rs 14923

harshi312: this is the solution

harshi312: sorry for keeping lately

Answered by nalinsingh

6

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