Question

Find the amount of Rs50,000
after 2 years, compounding
annually at 8% pa?​

Answer 1

Answer:

For 2 years, T = 24. If interest is compounded half yearly, rate of interest = R / 2 and A = P [ 1 + ( {R / 2} / 100 ) ]T, where 'T' is the time period. For example, if we have to calculate the interest for 1 year, then T = 2. For 2 years, T = 4.

Hope it's helpful dear

Answer 2

Answer:

which class are you studying