Question

On what sum of money will the compound interest for 2 years at4% p.a will be Rs5712?

Answer 1

n=2. r=4. p=5712
$a = 5712(1 + \frac{4}{2} )4 \\ = 5712( \frac{2 + 4}{2} )4 \\ = 5712( \frac{6}{2})4 \\ = 5712 \times 3 \times 4 \\ m = 68544$