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moraleserica011
30.07.2021 •
Mathematics
Find the amount and the compound interest on rupees 5000 for 2 years at 6% per annum, Interest payable yearly. Answer with full steps and formula NO BAD ANSWERS REQUIRED :D
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Ответ:
I. Amount = 5618 Rupees
II. Compound interest = 618 Rupees
Step-by-step explanation:
Given the following data;Principal = 5000 RupeesTime = 2 yearsInterest rate = 6%To find the compound interest;
Mathematically, compound interest is calculated using the formula;
A = P(1 + r)^t
Where;
A is the future value.P is the principal or starting amount.r is annual interest rate.t is the number of years for the compound interest.Substituting into the formula, we have;
A = 5000(1 + 0.06)^2
A = 5000(1.06)^2
A = 5000 * 1.1236
A = 5618 Rupees
Next, we would determine the compound interest using the formula;
C.I = A - P
C.I = 5618 - 5000
Compound interest (C.I) = 618 Rupees
Ответ:
B
Step-by-step explanation:
18/ -3 = -6
-18/-3 = 6
-8 x 2/3 = -5.34
-2 x 2 = 4