Question

find the amount for rupees 15000 at 8 % per annum compounded annually for two years

Answer 1

Given principal (p ) = Rs 15000

rate (r) = 8 % , time(t) = 2 yrs

Find the amount :
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since ,we know that

amount = p [ 1 + ( r/ 100 ) ]^t

amount = 15000 [ 1 + ( 8/ 100 ) ]^2

= 15000 ( 108/ 100 )^2

= 15000 × (108 /100) × ( 108 / 100)

= 15× 108 × 108 / 10

= 174960 / 10

= Rs 17496

therefore, the required amount

= Rs 17496

Answer : Amount = Rs 17496

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Answer 2

Answer:

answer................