lekshmi deposited 25000 rupees in a bank which gives 8% interest compounded annually.how much would she get back after 2 years ?
Answers
Answered by
9
Answer:
Rs.29160
Step-by-step explanation:
In this case we have to find Amount.
A = P × ( 1 + R/100 )^N
A = 25000 × ( 1 + 8/100 )^2
A = 25000 × 27/25 × 27/25
A = 29160 rs.
Hope you like it.
✳️Mark me the brainliest..
Similar questions