Sonia invests rupees 10000 at 12% per annum for 3 years and the interest is compounded annually calculate the amount standing to her credit at the end of second year
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Answered by
2
Step-by-step explanation:
SI = principle x time x rate / 100
SI = 10000 x 3 x 12 / 100
SI = 3600
AMOUNT = P + SI
= 10000 + 3600
AMOUNT = 13600
Answered by
0
Answer:
si=pxrxtx / 100
Step-by-step explanation:
si =10000x12x3/100
p+ti=10000+3600=13600
total amount is =13600
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