document.write( "Question 729585: Principal amount is Rs.72000 and intrest is 12% and time period is 72 months take out compound intrest \n" ); document.write( "

Algebra.Com's Answer #853137 by ikleyn(53427) $\"\"$ $\"About$

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\n" ); document.write( "Principal amount is Rs.72000 and interest is 12% and time period is 72 months take out compound interest
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document.write( "The compounding period is not given in the problem, which proves that the problem was created \r\n" );
document.write( "by an amateur - not a professional Math writer.\r\n" );
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document.write( "I will assume that compounding is made monthly.\r\n" );
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document.write( "The future value is\r\n" );
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document.write( "    FV =  = 147391.15  dollars.\r\n" );
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document.write( "The interest is the difference  147391.15 - 72000 = 77,391.15 dollars.    ANSWER\r\n" );
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