Math, asked by pritamdutta2405, 8 months ago

the compound interest on $50000 at 8% per annum for 2 years, compounded annually

Answers

Answered by subhamrout2019

10

Answer:

Step-by-step explanation:

P=Rs.50000,r=8%,t=2

CI=P[1−(1+ r/100 ) t ] ⟹CI=50000[1−(1+ 8 /100 ) 2 ] ⟹CI=Rs.8320

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