find thr principal which amounts to ₹2703 in 2 years at 4 percent per annum , compounded annually
Answers
Answered by
0
Answer:
A=P×(1+R/100) ^T
2703=P×[1+4/100] ^2
2703=P×[104/100]^2
then P=2703×10000/10816
therefore P=2499
Similar questions
Computer Science,
3 months ago
Math,
3 months ago
Hindi,
6 months ago
Math,
6 months ago
Chemistry,
11 months ago