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THE CORRECT ANSWER IS 1000
AswinRaj1:
who wil give route..
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principle amount=5000
rate of interest =5%
n(no.of times)=4
compound interest (C.I)=P(1+R/100)^n
=5000(1+5÷100)^4
=5000(105÷100)^4
=5000(21÷20)^4
=6,077.5
amount=6077.5-5000
=1077.5
rate of interest =5%
n(no.of times)=4
compound interest (C.I)=P(1+R/100)^n
=5000(1+5÷100)^4
=5000(105÷100)^4
=5000(21÷20)^4
=6,077.5
amount=6077.5-5000
=1077.5
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