at what rate percent per annum will ₹ 2000Amount to ₹ 2800 in 4 years
Answers
Answered by
0
Step-by-step explanation:
Given Rate of interest is r
Principal Amount is A=2,000
Time is t=2 years
Interest is compounded yearly once ⟹n=1
Amount =P(1+nr)nt=2000×(1+r)2=2205
⟹r=0.05=5%
Answered by
0
Answer:
According to the question, compounded
half yearly
Rate R2R2 =
Time=2T32T3
Amount=P(1+R2×100)3P(1+R2×100)3
2315.25-2000(1+R200)32000(1+R200)3
2315.252000=(1+R200)32315.252000=(1+ R200)3
231525200000=(1+R200)323152520000
0=(1+R200)3
92618000=(1+R200)392618000=(1+R200)
3
(2120)3=(1+R200)3(2120)3=(1+R200)3
1+R200=21
Step-by-step explanation:
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