Question

anu deposited an amount of rupees 10000 in a bank which compounded interest at the rate 8% annually.how much amount would she get after 2 years​?

Answer 1

Answer:

1600

Step-by-step explanation:

S. I=(10000×8×2)=1600

100

Answer 2

Answer:

11664

Step-by-step explanation:

compounded money =principal {1-(rate/100)}power time

=10000{1+(8/100)}{1+(8/100)}

=10000{(25+2)/25}{25+2)/25}

=10000×(27/25)×(27/25)

=16×27×27

=11664