Math, asked by rahulray107, 1 year ago

If p= rupees 2000, r= 5% per annum n= 2 years then find the amount when interest is compounded annually

Answers

Answered by haridasan85

4

Answer:

A =P(I +r/100)n

I=2000 (I +5/100) 2 =

2000x(105/100) 2 = 2205

Amount=Rs 2205

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