Question

Find the compound interest for Rs. 4000 at the rate of 5% for 2 years.
give ans in step by step ​

Answer 1

Answer:

BRO PLZ MARK AS BRAINLIEST

Step-by-step explanation:

Answer 2

Answer:

CI = 410

Amt = 4,410

Step-by-step explanation:

Given:

Principle (P) = 4,000

Rate (R) = 5% i.e. 0.05%

Time (N) = 2 yrs

$CI = P[(1 + i)^n-1]$

$CI = 4,000[(1 + 0.05)^2-1]$

$[(1.05)^2-1] = 0.1025$

$CI = 4,000 * 0.1025 = 410$