Question

the compounded intrest on rs.6400 at 7 1/2 per annum for 2 years compounded annualy​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Rs.996

Step-by-step explanation:

⇒  P=Rs.6400,n=2years,R= 15/2%

⇒ A=P(1+R/100)n

⇒ A=6400(15/2×100)2

⇒ A=6400×215/200×215/200

⇒  A=Rs.7,396

⇒  Compoundinterest=A−P

⇒  CompoundInterest=Rs.7,396−Rs.6,400=Rs.996