Math, asked by prashantbade141, 16 days ago

Principal = 2000, Rate = 5 p.c.p.a, Duration = 2 years. Find the amount and the compound interest

Answers

Answered by aryaraghav80

2

Answer:

Principal = 2000

Rate of Interest = 5%

Time = 2 years

A = P(1+R/100)^n

A = 2000 ( 21/20)^2

A = 2000*441/400

A = 2205

Compound Interest = A - P = 2205-2000 = 205

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