Question

1. What will Rs 500 amounts to in 10 years after its deposit in a bank which pays annu
of 10 compounded annually?​

Answer 1

Answer:

2.00000000000 is the answer

Answer 2

Answer:

1296.87

Step-by-step explanation:

Amount = 500 ( 1 + 10/100)^10

= 500(1 + 1/10)^10

= 500(11/10)^10

= 500(1.1)^10

= Rs 1296.87 Answer