the compound intrest on 50000 at 4%p.a. for two years campaunded annually is. option- a)-₹4000 b)-4080 C-4050
Answers
Answered by
1
Answer:
4000 is the right answer
Answered by
0
Answer:
b. 4080
Step-by-step explanation:
Use the interest formula - (1 + i) ^ 2 to get the interest %. Then multiply it with the principal amount. The difference would be your compounded interest
Similar questions