Math, asked by rs4451003, 1 day ago

Find the amount and compound interest on ₹6250 at rate of 4% per annum for 2 years.

Answers

Answered by rakhilahast

0

Step-by-step explanation:

given, P= 6250

R=4%

T=2 year

Amount = 6250[1+4/100]²

6250[114/100]²

6250(1.14)²

= 8122.5

compound interest =A-P

=8122.5-6250

=1872.5

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