Question

Q Calculate the amount and compound interest on:

Rs . 18,000 for 2 1/2 years at 10 percent p.a. compounded annually??​

Answer 1

Answer:

Amount =18000(1+10/100)sqaure =18000×11/10x11/10=21780

Interest after 2 years =

21780−18000=3780

Interest after half year =21780×10/100×1/2=1089

Total interest after 2.5 years =3780+1089=4869

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Answer 2

Answer:

Hello!

Step-by-step explanation:

Please refer to the attached file