Question

Karim, an unemployed, graduate young man got RS.5000 as loan from a bank. If the rate of interest is just 4% per annum compounded annually, what amount will be pay after 2years. PLEASE GIVE ANSWER FAST URGENT​​

Answer 1

Answer:

Step-by-step explanation:

karim got lone=amount=5000

rote of interest compounded

             annually=4%

amount to be paid =(p* 1+4/100)

                               =5000*(1+4/100)

                               =5000*26/25* 26/25

                               =5408