Question

I will mark you as brianliest if you will give me correct answer.

Calculate the amount and the compound
interest on :
(i) 4,600 in 2 years when the rates of
interest of successive years are 10% and
12% respectively.
(ii) * 16,000 in 3 years, when the rates of the
interest for successive years are 10%,
14% and 15% respectively.​

Answer 1

Step-by-step explanation:

1.)For 1st year amount=4600×110/100

=5060

now P for 2nd year=5060

amount after 2nd year=5060×112/100

5667.2

2.)In the same way 2nd will also get done, follow my 1st solution...

Answer 2

we can find the answer by formula