Question

a certain sum amounts to 5 832 in 2 years at 8% compound interest find the sum​

Answer 1

Answer:

5000/-

Step-by-step explanation:

A=p(1+r/100)^n

=5832=P(1+8/100)^2

=5832=p(108/100)^2

=5832=p * 11664/10000

=p=5832 * 10000/11664

P= 5000/-