Question

Find the amount for ruppees 62,500 lent at 4% per annum for two years , compounded annually




Mind My Words ,

IF ANYONE WILL SPAM ME HERE ,

HE OR SHE IS GONNA BE HACKED WITH 48 HOURS

Answer 1

Answer:

67600

Step-by-step explanation:

A= P(1+R/100)^n

= 62500(1+4/100)^2

= 62500 × (26/25)^2

= 62500 × 676/625

= 67600