Find the amount of R.s 1000 in 2 years at 2% per annum compounded annually?
Anonymous:
p=1000
Answers
Answered by
2
p=1000
r=2
n=2
a=p[1+r/100]^n
a=1000[1+2/100]²
a=1000*1+2/100*1+2/100
a=1040.4 rs
r=2
n=2
a=p[1+r/100]^n
a=1000[1+2/100]²
a=1000*1+2/100*1+2/100
a=1040.4 rs
Answered by
3
P=1000
R=2%
T=2 years
Amount= p[1+r/100]^2
A=1000[1+2/100]²
A=1000*1+2/100*1+2/100
A=1040.4
R=2%
T=2 years
Amount= p[1+r/100]^2
A=1000[1+2/100]²
A=1000*1+2/100*1+2/100
A=1040.4
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