Find the amount P=3200rs , Rate p.a.=7.5%,n=2years
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Answer:
Step-by-step explanation:
A=P(1+R/100)^n
P=RS. 3200
R=7.5 % P.A
n=2 YEARS
A=3200(1+7.5/100)^2
A=3200(43/40)^2
A=3200(1.075)^2
A=3200(1.075*1.075)
A=3200(1.155625)
A=3200*1.155625
A= 3698
A=RS .3698
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