madhu.mukherjee.946
  • madhu.mukherjee.946
a loan earns interest at a certain rate (compound)per cent per annum.four years ago the amount was rs.81 ;now it is rs.144.what will the amount be two years hence?
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
jamiebookeater
  • jamiebookeater
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
Use the formula and plug in the values.
anonymous
  • anonymous
\[A=P(1+\frac{ r }{ 100 })^n\]
madhu.mukherjee.946
  • madhu.mukherjee.946
dude i know the formula but this sum is different

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

madhu.mukherjee.946
  • madhu.mukherjee.946
basically we neither have p value nor t nor r only we have is two compound interest amount
anonymous
  • anonymous
you have P, A and n
madhu.mukherjee.946
  • madhu.mukherjee.946
where do you see p and 81 and 144 are compound interest amount and not the total amount
anonymous
  • anonymous
it is the interest+year 0 p
madhu.mukherjee.946
  • madhu.mukherjee.946
u solve the problem if you can and pls give me the steps coz i can't
anonymous
  • anonymous
first rearrange the formula and put r to one side
anonymous
  • anonymous
\[144=81(1+\frac{ r }{ 100 })^4\] \[\frac{ 144 }{ 81 }=(1+\frac{ r }{ 100 })^4\]
anonymous
  • anonymous
\[\frac{ 16 }{ 9 } = (1+\frac{ r }{ 100 })^4\]
anonymous
  • anonymous
\[\frac{ 4 }{ 3 } = (1 + \frac{ r }{ 100 })^2\]
anonymous
  • anonymous
\[\frac{ 4 }{ 3 } = 1+ \frac{ r }{ 50 } + \frac{ r^2 }{ 10000 }\]\[-\frac{ 1 }{ 3 } = \frac{ r }{ 50 } + \frac{ r }{ 10000 }\]
madhu.mukherjee.946
  • madhu.mukherjee.946
i do not think this is ok...coz the answer given id 191.40
anonymous
  • anonymous
some typos there
madhu.mukherjee.946
  • madhu.mukherjee.946
ok thanks anyways
anonymous
  • anonymous
mines 15.47
madhu.mukherjee.946
  • madhu.mukherjee.946
no its 191.40
madhu.mukherjee.946
  • madhu.mukherjee.946
thanks for you try
anonymous
  • anonymous
the interest rate is 15.47
anonymous
  • anonymous
so the 2 years stuff its up to you to try
madhu.mukherjee.946
  • madhu.mukherjee.946
i'm so sorry saseal pls don't mind your calculation was absolutely correct .....i understood the sum a little later thanks dude thank you so much

Looking for something else?

Not the answer you are looking for? Search for more explanations.