principal = 6400 rate = 12.5. time = 2 years
find the amount and compound interest
Answers
Answered by
4
SI= p*R*T/100
SI=6400*12.5*2/100
SI=1600
so amount=6400+1600=8000
and you can find compound interest.
SI=6400*12.5*2/100
SI=1600
so amount=6400+1600=8000
and you can find compound interest.
Answered by
2
Answer:
After 2 years final amount = 8100 Rs
compound interest C.I = 1700 Rs.
Step-by-step explanation:
Given data
Principal amount P = 6400
Rate of interest R = 12.5%
Time period T = 2 years
Here we need find resultant amount and compound interest
we know the formula for resultant amount when compound interest given =
=
=
=
= 6400(1.125)²
= 6400(1.265625) = 8100
The Resultant amount = 8100 Rs.
The compound interst = Resultant amount - Principal amount
= 8100 Rs - 6400 Rs
= 1700 Rs.
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