CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

As what sum the compound interest will become Rs. 1373.36 at 12% p.a. after 2 years.


Solution

C.I = 1373.96
Rate = 12%
Years = 2
C.I = A-P
A=P(1+R100)2
C.I=P(1+12100)2P
1373.36=P[/112/5528/100/50251]
1373.36=P[28×286251]
1373.36=P[700625625]
1373.36=/753P/62525
P = 11444.667

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
View More


People also searched for
View More



footer-image