A sum of amounts to 10240 in 2year at 6- 2/3% per annum ,compounded anually. Find the sum
RajuKhan:
can you add a picture?
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Amount = p(1+(r/100))^2
10240=p (1+(20/300))^2
10240=p((300+20)/300)^2
10240=p (32/30)^2
P= (10240X30X30) /32X32
P=9000₹
Pic short was also right but skip 1 step and that change the whole answer
Amount = p(1+(r/100))^2
10240=p (1+(20/300))^2
10240=p((300+20)/300)^2
10240=p (32/30)^2
P= (10240X30X30) /32X32
P=9000₹
Pic short was also right but skip 1 step and that change the whole answer
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