Math, asked by krossa, 1 year ago

find the sum of money to be invested which will amount to ₹23,328 at 8% per annum in 2 years, compounded annually

Answers

Answered by dhanalaskhmi

5

Answer:

3732.48

Step-by-step explanation:

8/100×2=0.16

23,328×0.16

Answered by sylviangente

24

Answer:

Rs.20000

Step-by-step explanation:

A=P(1+R/100)^n

23328=P(1+8/100)^2

23328=P(108/100)^2

23328=Px108/100x108/100

23328x100x100/108x108

P=2x100x100

P=Rs.20000

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