find the sum of money which amounts to 96000 price after two years if rate of interest is 10/3%p.a. compounded annually.
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let principle be p
a=p(1+r/100)n
96000=p(1+10/3×100)²
96000=p(110/300)²
96000×300×300/110×110=p
960×300×300/11×11=p
a=p(1+r/100)n
96000=p(1+10/3×100)²
96000=p(110/300)²
96000×300×300/110×110=p
960×300×300/11×11=p
GeniusTrippan:
bye
ok
sry ,ans is wrong .It's 90000
ok
no prblm
Can u say the right answer again
ok
what is que
ques
Find the sum of money which amounts to 96,000 price after 2years if rate of interest is 10/3%p.a. compounded annually.
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