Question

raghav invested rupees 60000 in
a bank at a certain rate and got
rupees 75264 after 2 years. find
the rate of compound interest.​

Answer 1

Answer:

P (1+ i/n)nt

P = Principal invested.

i = Nominal Rate of Interest.

n = Compounding Frequency or number of compounding periods in a year.

t = Time, meaning the length of time the interest is applicable, generally in years

Step-by-step explanation:please don't cheat by this formula you can make this question