The compound interest Tk 2800 for 112 years at 10% per annum is-

The compound interest Tk 2800 for 112 years at 10% per annum is- ?

Created: 4 days ago | Updated: 4 days ago | Created By:

Imran Ahmed

434

439

443

450

0 1

Best Answer Explained in Below-:

To calculate the compound interest on Tk 2800 for 1 1/2 years at 10% per annum, we can use the following formula:Compound interest = P[1 + (R/100)]^T - PWhere,P = Principal amount = Tk 2800R = Rate of interest = 10%T = Time in years = 1 1/2 = 1.5 yearsSubstituting the given values in the formula, we get:Compound interest = 2800[1 + (10/100)]^1.5 - 2800Compound interest = 2800 * [1.1]^1.5 - 2800Compound interest = Tk. 434Therefore, the compound interest on Tk 2800 for 1 1/2 years at 10% per annum is Tk. 434.So the answer is 434

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