2 years ago

calculate the amount of ₹30000 at the end of 2 years 4 months , compounded annually at 10% per annum

1 answer:

6 0

Fv= 30,000 *(1+10%/12)^(2*12+4)
Fv = 30,000*(1+10%/12)^28
Fv= 37,847.46

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calculate the amount of ₹30000 at the end of 2 years 4 months , compounded annually at 10% per annum​