Question

Shyam deposited rupees 4000 in the bank to earn interest at the rate of 9 1/2 percent per annum find the amount which Shyam will get from the bankannually how much I
s the compound interest

Answer 1

Answer: Principal = 4000

r = 91/2 = 19/2

t = 2 years

a = 4000(1+19/2/100)^2

a = 4796.1

compound interest =a-p

                               = 4796.1-4000

                               = 796.1

Step-by-step explanation: