guys please answer fast please
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Answered by
1
Answer:
b) 2320
Step-by-step explanation:
is the correct answer
Answered by
2
Description for Correct answer:
The amount at the end of “n" years of Investing in compound interest,
A=P(1+r100)n
Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%.
Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs.28,800.
Compound Interest C.I. = Amount - Principal = 28,800 - 20,000 = Rs.8,800.
2320is correct
check with this method
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