Economy, asked by Hriteeka6522, 1 year ago

An amount becomes rs 441 at the rate of 5% compounded annually in 2 year then the amount is-

Answers

Answered by shubham85288
4
According to the given conditign 

441=400(1+R100)2400(1+R100)2

=> 441400441400= (1+R100)2(1+R100)2

=> (2120)2(2120)2=(1+R100)2(1+R100)2

=> 21202120=1+R1001+R100

=> 2120−1=R1002120−1=R100 => R100=120R100=120

R=5%

New rate = 5+5=10%

Amount=400(1+10100)2400(1+10100)2

=400×11/10×11/10400×11/10×11/10=RS.484

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Answered by Anonymous
3

Answer:

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