Math, asked by pravassuryadevara, 5 months ago

Describe and correct the error in finding the balance of a savings account with interest compounded annually see the image for more

Attachments:

Answers

Answered by Bipasa5

1

Answer:

Balance = p(1+r/100)ⁿ

= ₹ 2000(1+4/100)²

= ₹ 2000 × 26/25 × 26/25

= ₹ 2163.20

Compound Interest = ₹ 2163.20 - ₹ 2000

= ₹ 163.20

Previous Question

Next Question

Similar questions

Math, 2 months ago

1. If f(x) = x - 10x’ - 10x4 - 10x3 - 10x2– 10x + 10, the value of f(11) is (a) 1 (b) 10 (C) 11 (d) 21...

Math, 2 months ago

The area of a rectangle is 54 sq.cm. If its length is 18 cm, find its breadth.

Math, 2 months ago

what is the formula of area of rectangle?

Science, 5 months ago

• Take weights of five of your friends find out what were there will be on the mars.

Math, 5 months ago

factorise m2-8mn+16n2-49p2 ...

English, 9 months ago

Im. Round have tree legs. That move but i always stay in the same position. What am i...

Social Sciences, 9 months ago

describe the following lines olny in your own words. In France she was christened Marianne, a popular Christian name, which underlined the idea of a people's nation. Her characteristics were drawn from those of Liberty and the Republic - the red cap, the tricolour, the cockade.

Science, 9 months ago

what is the hypothesis that clarify what happened when conducting a slime cleaner experiment?