Ratio and Proportion
2. Find the amount for each of the following when the interest is compounded annually:
(iv) P= 3,200 ; r = 17% p.a. ; n = 2 years
149
(v) P = 2,500 ; r = 9% p.a. ; n = 2 years
plz tell me the ans really urgent plz only these 2 questions
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Answer:
iv) A=P(1+r/100)^n
= 3200(1+17/100)^2
=3200*117/100*117/100
=4380.48 Rs
v) A= 2500(1+9/100)^2
=2500*109/100*109/100= 2970.25 Rs.
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