Math, asked by ireoluwafasasi, 9 months ago

1. #240000 is saved in an account which gives 7% per annum compound interest. Find, after 2 years; (i) the amount (ii) the compound interest.

Answers

Answered by himanshumishra200620

Answer:

Amount=274776,compound interest=34776

Step-by-step explanation:

240000×7×1/100=16800. ,16800+240000=256800 , 256800×7×1/100=17976,amount=17976+256800=274776,compound interest=274776-240000=34776. please like and vote me

Previous Question

Next Question

Similar questions

Math, 4 months ago

Draw the lines of symmetry for all english alphabets (A to Z)...

Sociology, 4 months ago

d) Write mirror formula. Ans:...

Science, 4 months ago

what is digestion? starting from the mouth, state the various steps involved digestion.

Math, 9 months ago

If the trace of a,b are 19 and 8 then the of a-b is...

Math, 9 months ago

Ques 1.. Write the following statements in form of equations (a) The sum of four times a number and 5 gives a number five times of it. (b) One-fourth of a number is 2 more than 5. Ques 2.. Convert the following equations in statement forms (a) 5x = 20 (b) 3y + 7 = 1 PLEASE GUYS DO THESE 2 QUESTIONS AND GIVE ONLY THE ANSWER...

Biology, 1 year ago

cell wall is present in human being or not ??

English, 1 year ago

article on nead of public transport system...

Physics, 1 year ago

An object of height 2 cm is placed at a distance of 15 cm from a concave mirror of focal length 10 cm. draw a scale diagram to locate the image. From the diagram, find the length of the image formed...