Question

100 will become after 20 years at 5% p.a compound interest amount of

Answer 1

Answer:

265.32

Explanation:

100 will become after 20 years at 5% p.a compound interest amount of

Assume Ai as initial amount and Af as final amount. So we get

Af = Ai(1 + r/100)^n

Af = 100(1 + 5/100)20

Af = Rs 100 x 1.05^20

    = Rs 100 x 2.653

Af = Rs 265 .50

So amount will be Rs 265.32

Answer 2

Answer:

see below

Explanation:

I hope this will help u