Question

A principal becomes a ₹2028 in 2 years at 4% interest compounded annually​

Answer 1

Answer:

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Step-by-step explanation:

Let principal = 100%

E.rate = 2×4+(4^2/100) = 8.16%

108.16% = 2028

100% = 100 × 2028/108.16 =1875

Or

P [(1+ 4/100)^2 - 1] = 2028

P [(0.05)^2 - 1 = 2028

P [0.0025 - 1] = 2028

P = 1875 Rs

Answer 2

Answer:

Step-by-step explanation:

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after you click  you can see top slide show

click the slide show and you can see FROM BEGNNING

CLICK from begnning and you can see the video which i made

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07787c368695a8125db8633505bb164c.pptx