Math, asked by apoorva3019, 4 months ago

calculate the compound interest on a sum of 25,000rs at 8 %p. a compounded annually for 2 years

Answers

Answered by jammadesi

1

QUESTION:

calculate the compound interest on a sum of 25,000rs at 8 %p. a compounded annually for 2 years

365x25,000=9,125,000

8% to decimal is 0.8

0.8x9,125,000=7,300,000

ANSWER:

7,300,000

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