1.

calculate the amount and the compound interest on Rs.25000 for 3 years, compounded annually, the rates of interest for the successive years being 8%, 9%, and 10% respectively.

Answer»

Answer:

The amount on Rs. 25,000 in 2 years at ANNUAL compound interest, if the rates for the SUCCESSIVE years be 4% and 5% per ANNUM respectively is: (1) Rs. 30,000 (2) Rs. 26,800 fa) Rs.



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