tawfiqahmed2006 tawfiqahmed2006
  • 19-10-2020
  • Mathematics
contestada

Rahul deposited Rs. 12,000 in a bank for 2 years. If it is compoundedannuallyat 9% p.a., what amount will he receive on maturity? (at the end of two years).

Respuesta :

pstnonsonjoku
pstnonsonjoku pstnonsonjoku
  • 24-10-2020

Answer:

Rs 14257.2

Step-by-step explanation:

From the formula;

A= P(1 + i)^n

A= amount

P= principal

i= rate

n= time

A= 12000(1 + 0.09)^2

A=12000(1.09)^2

A=Rs 14257.2

Answer Link

Otras preguntas

I need help with these, there are already filled in just if anyone knows these off the top of their head it would be greatly appreciated. Thank you
A ball is kicked into the air and follows the path described by h(t)= – 4.9t2 + 6t + 0.6, where t is the time in seconds and h is the height in meters above th
Maria is holding a ball from a height of 2.3 m that has the potential energy of 17.1 J, calculate the mass of the ball
What radical is 2^3/2 equal to?
An electronics store reduced the price of a TV from $1200 to $1044. What was the percent of decrease?
Aluminum carbonate (s)- aluminum oxide(s) -carbon dioxide (g)
The transportation process requires the cell to move particles from low concentration to high concentration
PLEASE HELP ILL GIVE BRAINLY IF CORRECT Simplify each expression using the order of operations. Then, match the expression (term) on the left with its solution
Find 15.75 ÷ 0.25 using a Giant One.
What is the temperature in the troposphere