find the principal which amount RS 2704 in 2 year at 4% per annum compounded annually
Answers
Answered by
34
A=p*(1+r/100)^t
2704=p*(1+4/100)^2
2704=p*(104/100)^2
So p=2704*10000/10816
P=2500
Hope it helps...
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Answered by
4
p=p
t=2year
r%=4%
I=2704
then,I=ptr/100
or 2704=p×2×4/100
or p=2704×100/8
..........or. p=33800
.............,.............
hope it's help you
t=2year
r%=4%
I=2704
then,I=ptr/100
or 2704=p×2×4/100
or p=2704×100/8
..........or. p=33800
.............,.............
hope it's help you
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