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monitta
3 years ago
10

What will be the amount and compound interest, if Rs. 5000 is invested at 8% per annum 2 years?

Mathematics
1 answer:
Andreas93 [3]3 years ago
3 0

Answer:

Step-by-step explanation:

formula.- p(1+r/100)^n

principle=5000

rate=8%

years (n)=2

5000(1+8/100)^2

5000*108/100*108/100

5*108/10*108

<u>=5832(amount)</u>

compound interest

5832-5000=832

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Step-by-step explanation:

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Answer:

Chart

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Step-by-step explanation:

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5 0
3 years ago
One of your company's salesmen estimates he will drive 20,000 miles this year and each of the next two years. As the service man
grigory [225]

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<h3><u /></h3><h3><u>Costs</u></h3>

Given that one of your company's salesmen estimates he will drive 20,000 miles this year and each of the next two years, and as the service manager for the company's fleet of six-cylinder compact automobiles, you are asked to determine the total costs for each of the three years, to determine said cost, the following calculation must be made:

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Therefore, the total costs for year 1 will be $2,240, for year 2 they will be $2,040, and for year 3 they will be $2,120.

Learn more about costs in brainly.com/question/4557688

4 0
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Step-by-step explanation:

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