Question

8. Find the sum of money to be invested which will amount to R23,328 at 8% per
annum in 2 years, compounded annually.
9. At what rate of compound interest will 820,000 become 24,200 after 2 years?
10. A sum of 2000 becomes 2315.25 after some time at 5% per annum at compound
interest. Find the time in years.​

Answer 1

Step-by-step explanation:

here is my answer .

Hope it helps you.

Answer 2

Answer:

8) sum = 20000 rupees

10) time = 3 years