Question

Principal = 350,000, Rate% = 10% p.a., Time = 2 years​

Answer 1

principal = 350,000

rate = 10 %p.a

time = 2 years

amount = p(1+r/)t

350000(1+1/10)²

350000(11/10)²

350000×11/10×11/10

3500×11×11

423500 RS

amount- principal

423500-350000

735000 RS