To what sum will Rs.6000 accumulate in 8 years if invested it an effective rate of 8%?
(a) Rs. 11973.86
(b) R11105.58
(OR: 26002.75
(d) none of these
Answers
Answered by
0
Answer:
The answer is- Noneof these
Step-by-step explanation:
The final answer that is the principal amount is Rs.16,666.66666
Answered by
1
First we will find the 8% of 6000
=8/100x6000
=480
Now we will multiply the sum into 8
=480x8
=3840
Now we got the accumulated value of 6000 rupees as 8% of 8 years.
So we will add the sum to 6000
=6000+3840
=9840 will be your accumulated value of 6000 rupees in 8 years as of 8%.
I tried my best , If i am wrong please forgive me
=8/100x6000
=480
Now we will multiply the sum into 8
=480x8
=3840
Now we got the accumulated value of 6000 rupees as 8% of 8 years.
So we will add the sum to 6000
=6000+3840
=9840 will be your accumulated value of 6000 rupees in 8 years as of 8%.
I tried my best , If i am wrong please forgive me
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