is ou
10,000 at 7-% compound interest p.a. after
2. Find the amount and compound interest on
5 years.
[Ans. : 14,350, 4,350]
Answers
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Step-by-step explanation:
p(1+r/100)*n
10000(1+7/100)*5
10000×107/100×107/100×107/100×107/100×107/100
=13107.9601
interest= 3107.9601
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