Math, asked by sahilkumarsanukumar, 7 months ago

4. Calculate the amount and compound interest on 90,000 at the rate of 4% p.a. compounded annually for 2 years.
STEP By Step EXPLAINASION.​

Answers

Answered by thrichu
1

Answer:

I = P0r

A = P0 + I = P0 + P0r = P0(1 + r)

I is the interest

A is the end amount: principal plus interest

P0 is the principal (starting amount)

r is the interest rate (in decimal form. Example: 5% = 0.05)

Answered by vishakhakumawat08
0

Answer:

rupees 97344 I = 7344

Step-by-step explanation:

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