Calculate the amount and compound interest on 1000 for 2 years at
10% per annum compounded annually.
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Answered by
1
Step-by-step explanation:
i think 200 is the right answer sorry but i am no too sure
Answered by
1
Answer:
answer :
= P(1+i)ñ
= p (1+0.1)²
= 1000(1.1)²
= 1000 ( 1.21 )
= 1210 rs
intrest = 1210-1000 =210 rs
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