Question

the amount and compound interest when the interest is com
Principal=Rs 600, Time=2 years, Rate=12% per annum​

Answer 1

ans is 676.0950

Step-by-step explanation:

it is on assumption that interest is calculated on monthly basis . use formula p(1+r/1200)^12t

where p is rs 600

t =2

r =12%pa

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