Math, asked by venkatamuni, 5 months ago

19. The compound interest on 1600 for
2 years at 5% compounded yearly ()
1) 150
2) 164
3) 160
4) 320

Answers

Answered by ab1553

1

simple interest= 1600*1*5÷100

16*5

80

1600+80= 1680

simple interest= 1680*1*5÷100

=84

1680+84

1764

1764-1600

164- compound interest

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