Reena borrowed on amount of 200000 from bank to construct her house for 5year at the rat of 5 % compound annually find the amount she have return after 5 year
castruct
her house
for 5 year
Hannually
have R
Find the amount she
retuin after 5 year.
Answers
Answered by
89
Correct Question :
Reena borrowed on amount of Rs. 200,000 from bank to construct her house for 5 year at the rate of 5% compound annually find the amount she have return after 5 year.
AnswEr :
- Principal = Rs. 200,000
- Rate = 5% p.a.
- Time = 5 Years
• Amount of Compound Interest is:
⠀
∴ Reena have to Return Rs. 255256.313
#answerwithquality #BAL
Answered by
36
Answer:
_________________________
__________________________
● Principal (P) = 200000
● Time(n) = 5 years.
● Rate of interest (r) = 5%
● Compound principal=?
Now we will calculate compounded money which will have to given by Reeta after 5 years.
_________________________
So, Reena has to return Rs.255256.31 after 5 years.♥
#Answerwithquality & #BAL
Similar questions