suppose $1200 is invested in account yielding interest at a nominal rate of 7% per year.Find balance seven years later if interest is compounded weekly.
Answers
Answered by
0
Answer:
P= ₹1200
R = 7%p.a
T = 7 yrs
SI = ₹(1200*7*7)/100
= ₹588
AMOUNT = P + SI
= ₹(1200+588)
= ₹1788
Step-by-step explanation:
HERE IS YOUR ANSWER
₹1788
Similar questions
Hindi,
2 months ago
Physics,
2 months ago
English,
2 months ago
Math,
4 months ago
Biology,
4 months ago
India Languages,
9 months ago
India Languages,
9 months ago