Math, asked by simranpalak1, 3 months ago

calculate the amount on Rs 3750 for two years at 8% compounded anually

Answers

Answered by shylajahb101

0

Answer:

4374 Rupees is the answer

Step-by-step explanation:

CI for the 1st year= (3750×1×8)÷100

= 300 rupees

Amout for 1st year =3750+300 = 4050 rupees

CI for 2nd year = (4050×1×8)÷ 100

= 324 rupees

Amount for 2nd year = 4050+324 = 4374rupees

therefore the ans is 4374 rupees

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