Question

Find the amount and compound interest on 5000 rs for 2 years at 10% interest being payable yearly​

Answer 1

Answer:

A=P(1+R100)t

=5000×(1+110)2

=5000×(1110)2

=5000×11×1110×10

=50×11×11=6050

Compound interest = Amount — Principal

= 6050 — 5000 = 1000...

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