Question

12. A person invests 5600 at 14% per annum
compound interest for 2 years. Calculate the:
(i) interest for the first year.
(ii) amount at the end of the first year.
(iii) interest for the second year, correct to the
nearest rupee.​

Answer 1

option b is correct

{ Amount at the end of the first year }

hope it helps you.:-)