Question

find the ci on rupees 1240 at 8% for 2years compounded annually​

Answer 1

Answer:

$p(r + 1 \div 100)^n$

Step-by-step explanation:

=1240(1+8/100)^2

=1240(1+2/25)^2

=1240×27/25×27/25

=

1446.336rs