Question

www and compound interest on:
1. 26000 for 2 years at 9% per annum compounded annually.
2. * 10000 for 2 years at 11% per annum compounded annually.
a. 31250 for 3 years at 8% per annum compounded annually.
A. 710240 for 3 years at 12% per annum compounded annually.
2
6.7 62500 for 2 years 6 months at 12% per annum compounded annually.
6. * 9000 for 2 years 4 months at 10% per annum compounded annually.
7. Find the amount of 8000 for 2 years compounded annually and the ra
annum during the first year and 10% per annum during the second year
8. Anand obtained a loan of 125000 from the Allahabad Bank for buyin
bank charges compound interest at 8% per annum, compounded annu
will he have to pay after 3 years to clear the debt?
9. Three years ago, Beeru purchased a buffalo from Surjeet for 11000.
discharge his debt now, the rate of interest being 10% per annum, comp
from Surya Finance to purcha​

Answer 1

Answer:

1.P=26000

T=2YEARS

R=9%

A=2600(1+9/100)²

=26000[(100+9)/100]²

=26000(109/100)²

=26000×109/100×109/100

=(26×109×109)/10

=308906/10

=30890.6

Therefore,

CI=A-P

=30890.6-26000

=4890.6

=4890.60 ans.