Question

A=P(1+R/100 n, P-5000 R=8%, n=2yrs
Find
A=?​

Answer 1

Step-by-step explanation:

Given,

p= 5000

r =8%

n= 2 yrs

so,

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

A = 5000(1+8/100)^2

A = 5000(27/25)^2

A = 5000×729/625

A = 5832

Hence, Amount is 5832.

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