Question

find the compound interest of rs8000 for 2years of 4% per annum compound yearly​

Answer 1

Step-by-step explanation:

A=P(1+R/100)Time

A =8000(1+4/100)^2

=8000*104/100*104/100

=43264/5

=8652.8

Compound interest =A-P

=8652.8-8000

=652.8 is the compound interest

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