Math, asked by DRUVSINGH1, 1 year ago

find the compound interest on 1600 at 29%4 for two years

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Answers

Answered by PawanSagar201
1
hlo
Hope is enough for u to understand
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AparajitaDas: the formula put here is for simple interest sir....
PawanSagar201: ooo sorry . my mistake
AparajitaDas: even i have made a mistake in my answer no worries sir....
PawanSagar201: okk
Answered by AparajitaDas
1
CI = 1600 (1 + 29%) to the power of 4
CI = 1600 × 1.29 × 1.29 × 1.29 × 1.29
CI =  Rs. 4430.76

Best regards :)

DRUVSINGH1: wrong
PawanSagar201: what is the answer
AparajitaDas: May i know what is wrong ?
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