Math, asked by samaniya, 7 months ago

The compound interest on Rs 5000 at 8% p.a for 2 years, compounded annually is

Answers

Answered by Anonymous

3

Answer:

832 rs

Step-by-step explanation:

P=Rs.5000,r=8%,t=2

CI=P[1−(1+r/100 )^ t ]

⟹CI=5000[1−(1+ 8/100)^ 2 ]

⟹CI=Rs.832

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