Math, asked by arthakur, 10 months ago

what sum of money will amount to rupees 5724 in 2 year if the compound interest rate are 6% and 8% for successive year?

Answers

Answered by 217him217

2

Step-by-step explanation:

1st year = (5724 * 0.06) = 343.44₹

2nd year = (5724+343.44)*0.08 = 485.4₹

total ci = 343.44 + 485.4 = 828.38₹

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