Math, asked by ukeylitisha, 1 month ago

find the compound interest on 7000 rupees at 4% per annum for 2 years compounded annually

Answers

Answered by yadavsaransh06

1

Answer:

Rs. 571.20

Step-by-step explanation:

Sum = Rs. 7000

Rate = 4% p.a.

Time = 2 years

Amount = 7000(1 + 4/100)^2 = Rs. 7571.20

Compound Interest = Rs. 571.20

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