Question

Ramesh deposit ed 1,70,000rupees for 2 and half years at 7 p.cpa. in a savings bank account. what is the total intrest he received at the end of the period ?
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Answer 1

15% and 20% per year respectively

15% and 20% per year respectivelyin 3 years, at compound interest, if the rates for successive years are 12%, 15% and 20% per year respectively?

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ANSWER

A=9000×(1+ 10012 )(1+ 10015 )(1+ 10020 )A=9000× 100

112 ×

100

115 ×

100

120

A=

100

112×115×12×9

A=13910.40Rs

Answer 2

Answer:

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