Math, asked by k0993526, 7 months ago

p= 2500,R=6% find the amount at c.i in 2years ​

Answers

Answered by yashsingh8704
3

Answer:

A=p(1+r/100)to the power n

2500(1+10/100)2

2500(110/100)2

2500*(11/10)2

2500*11/10*11/10

3025 =amount

Step-by-step explanation:

Given .

Principal amount = P=2500

Duration/Time = n = 2 years

Rate of Interest Per annum= i = 10%

Required to find is A = compound Interest

we know That..

For compound Interest...

A=P(1+i)^n-P

substituting above information..

A = 2500(1+10/100)^2 -2500

A= 2500(1+0.1)^2 - 2500

A= 2500(1.1)^2 - 2500

A = 2500(1.21) - 2500

A= 3025 - 2500

A= 525

so the compound Interest= 525

compounded amount = Principal amount + compound interest

= 2500+525 = 3025

Similar questions