Math, asked by deydebasish010, 6 months ago

Find the amount of Rs 25,000 after 2 years compounded annually , the rate of interest being 8% per annum during the first year and 9% per annum during the second year​

Answers

Answered by deepkarawat1903
2

Answer:

this is the correct answer

Attachments:
Answered by smily2008
0

Answer:

4,430

Step-by-step explanation:

A = P * [1 + r / 100]raised to the power T

A = 25,000 [1+8/100] [1+9/100]

A = 25,000 [1+2/25] [1+9/100]

A = 25,000 * 27/25 * 109/100

A = 10 * 27 * 109 (After Cancellation)

A = 29,430

Therefore,Compound Intrest = A - P

29,430 - 25,000 = 4,430

Similar questions