Question

principal is 12000,time= 2yrs,rate 8% compounded anually

Answer 1

1920,according to me

Step-by-step explanation:

Are you asking the interest?

Answer 2

Step-by-step explanation:

P=12000

T=2yrs

R=8%

C.I.=P[(1+R/100)^n-1)

C.I.=12000[(1+8/100)^2]

C.I.=12000[(108/100)^2-1]

C.I.=12000[(27/25)^2-1]

C.I.=12000[(729/625-1)]

C.I.=[12000×104/625]

C.I.=1996.80

Amount=Principal+C.I.

A=12000+1996.80

A=13996.80