Write the formula (only) no need to calculate answer
Calculate the amount when principal is Rs 7,000, the rate of interest is 5% per annum
Case 1 : If the interest is compound yearly and the duration is 1 year.
Case 2 : If the interest is compound yearly and the duration is 11
2
year.
Case 3 : If the interest is compound half yearly the duration is 11
2
year
Answers
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0
Step-by-step explanation:
The formula for calculating Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.
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Answered by
2
Answer:
A=P(1+r\100) n
Step-by-step explanation:
hope it will help u
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