Calculate the CI and amount to be paid on ₹ 2,400 at 5% per annum after 2
years compounded annually.
Answers
Answered by
1
Answer:
That is, the amount Rs. 2646 to be paid at the end of 2 years on Rs. 2400 at 5% per annum compounded annually. So, the correct answer is “2646”.
Step-by-step explanation:
Hope it helps you
Answered by
0
Step-by-step explanation:
amount =p(1+r/100)^n
2400(1+5/100)^n
2400x21/20x21/20
2646
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