Question

Find the amount for 15000 at 8% per annum compounded annualy for two years

Answer 1

Answer:

Step-by-step explanation:

Amount = 15000*(1+(8/100))*(1+8/100)

= 15000*(1+4/25)*(1+4/25)

= 15000*29/25*29/25

=24*29*29 [15000gets cut the by 25 & again 25]

=21025

So

THE AMOUNT IS RUPEES 21,025

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THANK YOU.......

Answer 2

Answer:

your right answer :

Find the amount for 15000 at 8% per annum compounded annualy for two years ?

SOLUTION ➡ ⤵

P = ₹ 15000

R = 8

N = 2

A = ?

we know that

A = P ( 1 + R / 100 )

= 15000 ( 1 + 8 / 100 )

= 15000 ( 100 + 8 /100) ^2

= 15000 ( 108 / 100 ) ^2

$A = \frac{1500 \times 108 \times 108}{10} \\ \\ A = \frac{15 \times 108 \times 108}{10} \\ \\ A = \frac{15 \times 1164}{10} = \frac{174960}{10}$

A = ₹ 17496 is your answer

Step-by-step explanation:

i hope it helps

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