Math, asked by agnesroshini123, 3 months ago

if P= 2000, r= 5% p.a., n=2 yrs , then find the amount when interest is compounded anually.​

Answers

Answered by DYNAMOfan
1

Answer:

The answer will be 200

Step-by-step explanation:

Hope it helps you


imtiyazthebest: 205
DYNAMOfan: How
Answered by friends37
3

compound interest = P[1+R/100] power n

2000[1+5/100]²

2000[105/100]²

2000[105/100×105/100]

2000[21/20×21/20]

5×21×21

2205 is the answee

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