Question

find amount and compound interest on rupees 2000 at rate of 5 % p.a for 2 years​

Answer 1

6820rupees

Step-by-step explanation:

a=p(1+r/100)n

a=2000(1+5/100)2

2000(105/100)2

2000*21/20*21/20

8820-2000

a=6820rupees

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