calculate the amount and compound interest on rupees 20000 for 2 year and 8 month @ 5% per annum compounded annually
Answers
Answered by
1
Answer:
A= 20000 (1+5/100)²
= 20000 × 21/20× 21/20
=50× 21×21
=1050×21
= 22050
CI= Amount - Principal
22050-20000
= 2050
Answered by
0
Answer:
compound interest equals to 4976622
amount equals to 4956598
Similar questions