Question

Find the Amount directly using the formula A= P(1+RT/100)T in the following cases 1. P= 450 R= 7 percent T= 5 years​

Answer 1

Answer:

Step-by-step explanation:

P=450

R=7%

T=5 years

A=P(1+r/100)T            ( compounded annually )

=450(1+7 / 100 )⁵

=450(7/100)⁵

=450 * 7 / 100 * 7 / 100 * 7 / 100 * 7 / 100 * 7 / 100

=151,263 / 200,000,000

Amount = Rs 1,322

Please mark me as brainliest

Hope it helps you