Question

design a C program to find compound interest,principle on RS .8500 at 4%per annum for 2 years​

Answer 1

Explanation:

Here’s how the calculation goes:

Deposit $8500.

After year 1, you earn $8500 × 0.04 = $34.00

After year 2, you earn $34.00 on the original $8500 and an additional $34.00 × 0.04 = $1.36.

Total interest is $69.36.