Math, asked by prathyusha9136, 1 year ago

Compound interest on rupees 5000 for 2 years at 8 percent P.a. Compounded annually

Answers

Answered by DoctorStevenStrange
2
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p = 5000 , R=8%, n=2
CI = P(1+R/100)^n
=5000(1+8/100)^2
=5832
therefore,The CI is ₹5832
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by @strange
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