Find the amount and the compound interest on 2000 at 10% p.a. for 2
compounded annually.
2
years,
Answers
Answered by
1
Answer:
r=10 is really correct answer
Step-by-step explanation:
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Answered by
4
Step-by-step explanation:
A = P (1+R/100) n
= 2000 ( 1+10/100) 2
= 2000 (1+1/10) 2
= 2000 (11/10)
= 2000 * 11/10* 11/10
= 20* 11* 11
= 20*121
= 2420
C. I = 2420 - 2000
= 420 rs
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