Math, asked by rameshinfo, 4 months ago

what amount should rupalben invested at 12% rate of compound interest so that after 8 year she can be get to 50000 for education for her son Rohit

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Answered by garvdalal366

Answer:

Compound Interest is calculated on the initial payment and also on the interest of previous periods. Example: Suppose you give \$100 to a bank which pays you 10% compound interest at the end of every year.

Step-by-step explanation:

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what amount should rupalben invested at 12% rate of compound interest so that after 8 year she can be get to 50000 for education for her son Rohit ​

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what amount should rupalben invested at 12% rate of compound interest so that after 8 year she can be get to 50000 for education for her son Rohit