Math, asked by likithkumar93, 3 months ago

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

Answers

Answered by kush260407

8

Answer:

RS 832

Step-by-step explanation:

P=Rs.5000, R=8% T=2y

CI= P=[1-(1+R/100)T)

CI = 5000[1-(1+8/100)2]

=RS 832

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