Question

given the principal=40000,rate of interest=8% compounded annually.find principal for second year​

Answer 1

Answer: Rs 43200

Step-by-step explanation:

Since , A = P 1 + r 100 t Here t = 1 year A = 40 , 000 1 + 8 100 1 = 40 , 000 108 100 = 400 × 108 = 43200 Rs

Therefore , interest for one year = 43200 - 40000 = 3200 Rs

Principal for second year = 43200 RS ( c ) Now , P = 43200 Rs A = P 1 + r 100 t Here t = 1 year A = 43200 1 + 8 100 1 = 43200 108 100 = 432

Answer 2

Step-by-step explanation:

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