Math, asked by sakshithakran71, 19 days ago

1. FIND THE AMOUNT ON 1200 FOR 2 YEARS AT 4% PER ANNUM COMPOUNDED ANNUALLY.

EXPLAIN THE SOLUTION
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Answers

Answered by kanishkshivkumarspot

1

Answer: Rs. 1296

Step-by-step explanation:

SI = PRT/100 (formula for finding interest) = 1200 x 4 x 2 / 100

SI = 96

A = P + SI = 1200 + 96 = 1296

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