Question

Archana invests 5600 at 14% pa compound interest for 2 years calculate

Answer 1

Answer:

here is the answer

Explanation:

PRINCIPAL = 5,600

RATE OF INTEREST = 14%

TIME = 2 YEARS

S.I = P× R × T /100

S.I = 5600 × 14 × 2 /100

S.I = 56 × 28

S.I = 1,568

if you found the amount

so,

AMOUNT = P + S.I

AMOUNT = 5600 + 1568

AMOUNT = ₹7,168

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