Question

find amount and compound interest on ₹8000 at 5% per annum for 2years compounded annually

Answer 1

$amount = 8000 \times (1 + 5 \div 100) \\ 8000 \times 21 \div 20 \\ 400 \times 21 \\ 8400 \\ ci = a - p \\ 8400 - 8000 \\ 400ans$