Question

calculate the amount and compound interest on 90,000 at the rate of 4percent p.a. compounded annually for 2 years​

Answer 1

Step-by-step explanation:

compound interest = P ( 1 + R ) n

___

100

= 90000 ( 1 + 4 ) ²

___

100

= 90000 ( 1 + 1 ) ²

__

25

= 90000 = 26 × 26

__ ___

25 25

amount = 97344 ₹

interest = amount - compound interest

97344 ₹ - 90000₹

7344 ₹ interest

also mark me as a brainliest