please find the compound interest ....
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Answer:
Principal (P) = Rs. 10000
Rate of interest (R) = 8.5%
Time period (T) = 1year 3 months
For T = 1 year,
I = Rs. 850
∴ Interest for 1 year is Rs. 850
Amount at the end of 1 year = Principal + interest
Amount = 10000+850
= 10850
∴ Amount at the end of 1 year is Rs. 10850
For T = 3 months =
I = Rs. 230.56
∴ Interest for
year is Rs. 230.56
Amount at the end of
year = Principal + interest
Amount = 10850+230.56
= 11080.56
∴ Amount at the end of
year is Rs. 11080.56
Total interest for 1.3 year = Interest for 1 year + Interest for
year
= 850+230.56
= 1080.56
∴ The compound interest paid is 1080.56
hope it helps✌
Answered by
0
Answer:
I will not give u answer but i can send u some pictures to solve.
I will not give u answer but i can send u some pictures to solve.so solve itself
I will not give u answer but i can send u some pictures to solve.so solve itself don't depend on others
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