the answer is 13 99 6.80 and the question is find the amount and the compound interest on rupees 12000 in 2 years at 8% per annum find the solution
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Answered by
4
Answer:
సిరి (Telugu)
Noun
సిరి (siri)
A name of Lakshmi, the goddess of riches.
fortune, prosperity, wealth.
beauty, splendor, luster.
Derived words & phrases
సిరికొండ
సిరిపురం
సిరిమాను
సిరిసంపదలు
Synonyms
Answered by
0
Step-by-step explanation:
Principal = 12000
Time = 2 years compounded annually
Rate = 8%
--------------------------------------------------------
Amount = P (1 + R ÷ 100)² (2 = Time compounded annually)
Amount after 2 years =
12000 (1 + 8 ÷ 100)²
12000 (108 ÷ 100)²
12000 × 108 ÷ 100 × 108 ÷ 100
13996.8
--------------------------------------------------------
The amount after 2 years is 13996.8
--------------------------------------------------------
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