Without using C.I. formula, calculate compound interest on
1. 6000 for 2 years at 10% p.a.
Answers
Answered by
4
Answer:
interest of 1st year is 10% of 6000= 600
interest of 2nd year is 10% of 6600= 660
total compound interest is 600+ 660= 1260
Answered by
0
Answer:
The answer is 7260
Step-by-step explanation:
6000 (1 + 0.1. ) 1.2
1
6000 × 1.1²
6000× 1.21
A= 7260
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