Question

Without using C.I. formula, calculate compound interest on
1. 6000 for 2 years at 10% p.a.​

Answer 1

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

Answer 2

Answer:

The answer is 7260

Step-by-step explanation:

6000 (1 + 0.1. ) 1.2

1

6000 × 1.1²

6000× 1.21

A= 7260