Question

8,000 is invested in a bank at 5% interest rate p.a. Find the amount obtained at the
end of two years.​

Answer 1

Explanation:

A = P ( 1+ R/100)n

= 8000 ( 1+ 5/100)2

= 8000 ( 21/20) 2

= 8000 * 21/20*21/20

= 20*21*21

= 8820

Answer 2

Answer:

800 Rs

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