Math, asked by chetuburra18, 17 hours ago

Find compound interest on a sum of 8000 for 2 years at 5% per annum compounded annually

Answers

Answered by vibhutivaibhav11

7

a = 8000(1+5/100)^2

a= 8000*1.05*1.05

a= 8820

ci = 8820-8000

= 820

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