Question

Find the amount, when the interest is compounded annually. P = 4000.R=4% per year, T = 2 years​

Answer 1

Answer:

Principal = (P) = ₹4,000

Time (t) = 2 years

Rate (R1) = 10% and rate (R2) = 15%

Amount = P (1 + (R1/100)) (1 + (R2/100))

= ₹ 4,000 (1 + (10/100)) (1 + (15/100))

= ₹ 4,000 × 11/10 × 23/20 = ₹5060

C.I. = Amount – Principal

= ₹5060 - ₹4000 = ₹1060

Step-by-step explanation:

oplzz like

Answer 2

Answer:

If you understand then mark me as brainlist