Business Studies, asked by mathewscc6102, 10 months ago

Albert invested amount of 8000 in a fixed deposit for 2 years at compound rate of 5% per annum how much habit will get on the nature of the fixed deposit

Answers

Answered by Anonymous

2

Answer:

S.I = pnr/100

1000-800=200

200 = 800x2xr/100

Therefore r=12.5%

Answered by KevinPaulDavid

0

Answer:

hmm good question I know the answer but iam sorry I forgot it

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