Question

2) what will be the amount on rupees 500 at 8 p.c.p.a after2
years

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Answer 1

Answer:

Your answer is 960 Rupees

Thank-you

hope this Answer help you

Answer 2

Step-by-step explanation:

Given :

P = 500

R = 8 %

T = 2 years

Amount = P[1 + R/100]^T

= 500[1 + 8/100]²

= 500[108/100]²

= 500 × 108/100 × 108/100

= 583.2