The CI on Rs.9500 for 3 years at 5% for first year, 7% for second year, 10% for the third year will be?
Question
Solution 1
To calculate the compound interest (CI) on Rs.9500 for 3 years with different interest rates for each year, we can follow these steps:
- Calculate the interest for the first year: Interest for the first year = Principal amount * Rate of interest for the first year / 100 = 9500 * 5 / 100 = R Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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