rupees 18000 for 5/2 years at 10% per annum compounded annually
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Answered by
5
Answer:
4869
Step-by-step explanation:
ANSWER
P = 18000 ; R = 10%, T=2.5.
So Let T = 2
A=18000(1+10010)2
18000(11/10)2
=21780.
Interest after 2 years
=21780−18000=3780
Interest after half year
=21780×10010×21=1089
Total interest after 2.5 year
3780+1089=4869.
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