Math, asked by parmeshchauhan, 1 year ago

Rinku invests 36,500 at 8% per annum compound interest for 4 years. Calculate: compound interest for second year

Answers

Answered by karunagirinavya12345
4

Prinicipal = 36500

Rate = 8%

Time = 4 n

Compound interest = A = p (1+r÷100)

36500 ( 1+8÷100)

36500 (108÷100)

36500 (54÷50)

36500×54÷50×54÷50

73×54×54÷5

=18573.6 ans

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