Math, asked by army3172, 5 months ago

4. Find the compound interest, correct to the
nearest rupee, on 2,400 for 2 years at
5 percent per annum.
5 Calculate the compound interest for the second ( without using formula)

Answers

Answered by vivekkumar666444

0

Answer:

Step-by-step explanation:

Amount = P (1 +R/100 )^T

=2,400(1 +5/100 )^2

= 2400x21/20x21/20

=6x21x21

= Rs 2646

compound interest = Rs 2646 - 2400

= Rs 246

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