Question

Find the amount to be paid at the end of 2 years on ₹2400 at 5% per annum compounded annually. ​

Answer 1

${\underbrace{\huge{\textsf{\textbf{\color{teal}{Answer}}}}}}$

$:\implies$${ \sf{A = P}}{ \huge{[}}{ \sf{ \dfrac{1 + 100}{r}}}^2 { \huge{]}}$

$:\implies$$\sf{P=2400,R=5,n=2}$

$:\implies$$\sf{A=2400[1+1005]^{2}}$

$:\implies$$\sf{=2400[2021]^{2}}$

$:\implies$$\sf{=6×21×21}$

$:\implies$${\boxed{\frak{\pink{=Rs.2646}}}}$

Answer 2

Step-by-step explanation:

therefore the amount to be paid 2464

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