Question

find the amount and the compound interest on 24000 for 2 years at 10% per annum compounded yearly​

Answer 1

Answer :

CI =2460

A=26460

Explanation

A=p(1+r÷200)^n (divided by 200 because it is compounded yearly)

A=24000(1+10÷200)^2

= 24000×210÷200 ×210÷200

=60×21×21

= 26460

CI=A-P

CI=26460-24000

CI=2460

HOPE IT WILL HELP YOU

Answer 2

Answer:

correct answer is:- AMOUNT :- 29040, INTEREST:- 5040

Step-by-step explanation:

PLEASE MARK ME AS BRAINLIEST " IT OS ABSOLUTELY CORRECT ANSWER" OTHER ANSWER ARE WRONG