1.

What is the compound interest onra.5000 for 4 yeras if the rate of interest is10% pa for the 1 st 2 years and 20% pa for the next 2 years

Answer»

Answer:

3168

Step-by-step explanation:

Given,

SUM is 5000

time 4 YEARS

CI for 2 years at the rate of 20% formula

R+R+R^2/100

20+20+20*20/100

44%

For 1st 2 years 44%of 5000=2200

for 2nd 2 years 5000+2200=7200

44%of 7200=3168



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