Question

QUESTION 2
If a certain sum of money yields 927 as compound interest in two yearst time at 6%
compounded yearly, then find the sum.
below graphically

Answer 1

Answer:

A=p(1+r/100)ñ

A=927(1+6/100)2

A=927(100+6/100)2

A=927(106/100)2

A=927*106/100*106/100

A=927*1.1236

A=₹1041.5772