Question

if the amount after 2 years at the rate of 6% per annum compounded annually is ₹12000, find the principal.​

Answer 1

Answer:

Step-by-step explanation:

time=2 yr

rate=6%

annum compound=12000

we know that

annum compound=principal(1+R/100)^t

12000=principal(1+6/100)^2

12000=principal(106*106)/(100*100)

princpial=12000(100*100)/(106*106)

=10679.96

Answer 2

Answer:

10679.96

Step-by-step explanation:

i hope this will help you✌️✌️