Question

Find the sum to which #14300 amounts in 2 years at 5.1% per annum compound interest.

Answer 1

Answer:

HII MATE

HERE'S THE ANSWER

Step-by-step explanation:

We have,

Amount A=Rs768.75

Principal value =?

Rate =r=5%

Time n=2year

So,

Using formula

A=P(1+

100

r

)

n

768.75=P(1+

100

5

)

2

768.75=P(1+

20

1

)

2

768.75=P(

20

21

)

2

P=768.75×

21

20

×

21

20

P=Rs697.2

Hence, this is the answer.

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Answer 2

Answer:

Step-by-step explanation:

We have, Amount A = Rs 768.75 Principal value = ? Rate = r = 5 Time n = 2 year So, Using formula A = P ( 1 + r 100 )n 768.75 = P ( 1 + 5100 )2 768.75 = P ( 1 + ... On what sum of money will the compound interest for 2 years at 5 per cent per annual amount to Rs.768.75? ... Calculate the amount and compound  interest.