Question

Find the amount for 15,000 at 8% per annum compounded annually for
years.​

Answer 1

p=15,000 r=8% n=2years

A=(1+R/100)n

2

15000(1+8/100)

2

15000(25+2/25)

15000×27/25×27/25

24×27×27 = 24×729 =RS 17496