a sum amount to RS 2970.25 in 2 years at 9% per annum , compounded annually. find the sum.
Answers
Answered by
1
Step-by-step explanation:
SI=P(1+R/100)²
=2970.25(1+9/100)²
=2970.25×1.09×1.09
SI=3528.95
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Answered by
2
Principal (P) = ?
Rate of interest (R) = 9% per annum
Time (n) = 2 years
Amount (A) = Rs. 2970.25
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