rupees 40000 is invested for 2 years at 8% for the first year and 12% for second year compounded annually find the compound interest and the amount
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William Sydney Porter (O. Henry) was born on a plantation in Greensboro, North Carolina on September 11, 1862. In 1882, prompted by ill health, he moved to a ranch in West Texas. Two years later, he moved to Austin where he resided until 1898.
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at first we have to find the formula of amount that is P X (1 + R÷100) )1 +R÷100) then calculated and then there is your amount and then you have to find the compound interest by putting the formula that is final amount - original principle
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