Question

certain sum amounts to 5.832 in 2 years at 8% if the interest is compounded annually. Find the sum.​

Answer 1

Answer:

dn

73

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Answer 2

Explanation:

let principle be x

using formula method

A =P(1+r/100)n

5.832= x( 1+ 8/100)²

5.832= x(27/25)²

x= 5.832×25×25/27×27

x = 3645/27×27

x = 5

so the sum is 5

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