Respuesta :
Answer:
90780.99
Step-by-step explanation:
35,000 × 1.1 to the power of 10
Add 10% /\ /\ 10 years
She will earn Rs 82528.1691.
What is interest?
Interest is the price you pay to borrow money or the cost you charge to lend money.
What is meant by Compound Interest?
Compound interest is the interest paid on both principal and interest, compounded at regular intervals. At regular intervals, the interest so far accumulated is clubbed with the existing principal amount and then the interest is calculated for the new principal. The new principal is equal to the sum of the Initial principal, and the interest accumulated so far.
Compound Interest = Interest on Principal + Compounded Interest at Regular Intervals
Given:
On first year= 35,000
Raised = 10%
For 10th year
= 35000(1/ 10%)^9
=35000* (11/10)^9
=35000*2.35794
= 82528.1691
Hence, She will earn Rs 82528.1691.
Learn more about tis concept here:
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