Math, asked by riyanmohamedthoombil, 17 hours ago

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 unnisanila12

1

Answer:

29000

Step-by-step explanation:

Amount deposited= 25000

rate of interest = 8%

number of year=2

Amount lekshmi got after 2 years = 25000[1+8÷100]²

= 25000×8×2/100

=500×8=4000

=25000+4000

=29000

=

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