find the compound interest on ₹4000 for 5 years at 5% per annum, compounded annually
Answers
Answered by
1
Answer:
₹1105.1
Step-by-step explanation:
4000×5/100=200
4200×5/100=210
4410×5/100=220.5
4630.5×5/100=231.53
4861.53×5/100=243.07
compounded interest=1105.1
Similar questions
Hindi,
12 days ago
Computer Science,
12 days ago
Biology,
9 months ago
Political Science,
9 months ago