Math, asked by sehajpreetjattana, 11 months ago

meera borrowed a sum of rs1000 from sita for two years. if the rate of interest is 10 percent compounded annually,find the amount​

Answers

Answered by anshuman1492
12

A = P [ 1 +R/100] ^n

= Rs1000 [ 1 + 10/100] ^2

= Rs1000 [ 11/10 * 11/10]

= Rs1210

hence the amount will be Rs. 1210

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