Question

(iv) The amount of money in the account every year, when Rs 10000 is deposited at compound interest at 8% per annum.

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Answer 1

Answer:

use Taylors method to slove y'=x^2+y in the range 0<x<0.2 by taking step size h=0.1 given that y=10 at x=0​

Step-by-step explanation:

Answer 2

Answer- Given Amount =Rs 10,000

interest =8%

Total amount =P(1+r)

n

P is principle amount

r is the rate of interest

n is no of year

Compound interest increases depend on principle

Next year interest is interest on before year total

=10000(1+0.08)

n

At the end of the first year, =1000(1.08)=10800/−

Every year the amount increases at 1.08 times।

step to step explanation- hope it will surely help you ✌