Calculate the amount and the compound intrest on₹2500 for 2 years at 8%p.a.,compounded anually
Answers
Answered by
2
P =2500
R= 8%
T=2 YEARS.
A= P(1+R/100)²
2500(100+8/100)²
2500×108/100×108/100
29160000/10000
=2916
C.i = Amount- principal
2916 - 2500
= 416.....
And 416
Answered by
0
for 2 years amount will be 8100 rs
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