The compound interest on a sum of for T years at R% per annum is given by I=p (1+(R)/(100))^(T)-1 .Make R as the subject of the formula.
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Answered by
0
Answer:
R=n[(A/P)^1/nt -1]
This is the answer. Hope it helps.
Answered by
0
the answer is 210
STEP BY STEP EXPLANATION:
The compound interest on a sum of Rs. P for T years at R% per annum compounded annually is given by the formula:
A
=
P
(
1
+
R
100
)
T
Hence the given statement is False
Try this: The compound interest on a sum of Rs. 1000 for 2years at10% per annum compounded annually is given by the formula:
A
=
1000
(
1
+
10
100
)
2
A
=
1000
(
1
+
1.1
)
2
= 1000(1.21)
= Rs. 1210
Compound Interest = 1210 - 1000 = 210
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