Question

Find the amount of a loan of rs 2,569 at 5% per year and 4 year​

Answer 1

Answer:

p=2,569 y= 5% n=4

p=2,569 (1+4÷100)4

2,569 (1+0.04)4

2569(1.05)×4

2569 1.05×1.05×1.05×1.05

2569×1.21550625 round finger

2569×1.2155

3,122.6195 Answer