Question

RS 52000 amount to RS 57600 at 10%
zate compounded anually in 2 years answer
find the compounded interest. real answer​

Answer 1

Answer:

If the borrower and the lender agree to fix up an interval of time (say, a year or a half year or a quarter of a year etc) so that the amount (Principal + interest) at the end of an interval becomes the principal for the next interval, then the total interest over all the intervals, calculated in this way is called the compound interest and is abbreviated as C.I.

Compound interest at the end of a certain specified period is equa

Answer 2

CI =10920 rupees

answer