Question

Harish lend an amount of 5000 to his nephew for 2 year at the rate of 5% compound annually find the amount he receives after 2 year

Answer 1

a=p(1+r/100)^n
  =5000(1+5/100)^2
  =5000(105/100)^2
  =5000 * 441/400
  =50 * 441/4
  =25 * 441/2
  =11025/2
a=5512.5

Answer 2

Answer:

5512.5

Step-by-step explanation:

a=p(1+r/100)^n

 =5000(1+5/100)^2

 =5000(105/100)^2

 =5000 * 441/400

 =50 * 441/4

 =25 * 441/2

 =11025/2

a=5512.5

HOPE IT HELPS...