Question

1. To find the principal :
4
What sum of money will amount to * 3,630/- in 2 years at 10% per annum compound
interest ?​

Answer 1

Answer:

762.3

Explanation:

A= P(1+R/100)n

3630 (1+10/100)2

3630 × 11/10 × 11/10

43923/10

4392.3

CI = A - P

4392.3 - 3630

762.3

Hope it helps u.