Question

use the formula A=P(R/100)^n. plz plz plz .............
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Answer 1

Answer:

Rs. 1073.56

Step-by-step explanation:

P = Rs. 10000

R = 8 1/2% = 17/2%

n = 1 Yr 3 months = 1 3/12 yrs = 1 1/4 yrs = 5/4 yrs.

A = P(1+R/100)ⁿ = 10000(1+17/200)⁵/⁴ = Rs. 11073.56 ~` Rs. 11073.6

Subtract principal from Amount to get the compound interest only.

Compound Interest = 11073.56 - 10000 = Rs. 1073.56