rupees 10,800 for 3 years at 12 1/2 % per annum compounded annualy
Answers
Answered by
4
P=10800
T=3years
R=12.5%
I=PRT÷100
=10800×3×12.5÷100
=4050
P for year 1 = 10800+4050
=14850
I for year 2 = PRT÷100
=14850×3×12.5÷100
=5568.75
P for year 3 = 14850+5568.75
=20418.75
I for year 3 = PRT÷100
=20418.75×3×12.5÷100
=7657.03
A=10800+7657.03
=18365.03
CI=A-P
=18365.03-10800
=7657.03
T=3years
R=12.5%
I=PRT÷100
=10800×3×12.5÷100
=4050
P for year 1 = 10800+4050
=14850
I for year 2 = PRT÷100
=14850×3×12.5÷100
=5568.75
P for year 3 = 14850+5568.75
=20418.75
I for year 3 = PRT÷100
=20418.75×3×12.5÷100
=7657.03
A=10800+7657.03
=18365.03
CI=A-P
=18365.03-10800
=7657.03
Answered by
1
Refer the attachment.
Attachments:
Similar questions
India Languages,
8 months ago
English,
8 months ago
Physics,
1 year ago
Hindi,
1 year ago
Hindi,
1 year ago