Question

find compound interest
Principal 2000 Rate of
interest-5% number
of years - 2 ?​

Answer 1

Answer:

20,000 for 2 years at 20% p. a., interest being compounded annually. Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%. Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs.

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