a sum of amount to 23760 to in 2 years at 9% per annum compounded annually find the sum
Answers
Answered by
1
Step-by-step explanation:
as we know that, p(1+r/100)power as 2 because it is time given then in this question 27360(1+9/100)power 2 27360 and take Lcm of 100 then do the sum it comes 109/100 as we know that the power is 2 and principle 23760 furter putting values in formula 27360*109/100*109/100 2.7360*109*109=32735.13 approx
Similar questions