Math, asked by reshmasurin6, 7 months ago

A sum of 500/- is invested in a scheme for 2 years at the rate of 10% per annum compounded annually. Find ammout after 2 years

Answers

Answered by narayanaravind34

1

Step-by-step explanation:

p= rs.500

t=2yrs

r=10percent

A= p( 1+ R/100)^t

= 500(1+1/10)^2

=500×121/100

=605

Amount= Rs.605

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