Math, asked by ChiranthanMN, 5 months ago

The compounded interest on Rs. 50,000 at 8% per annum for 2 years, compounded annually is

Answers

Answered by anishabakare

4

Answer:

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

CI=P[1−(1+100 r)t]

⟹CI=5000[1−(1+100 8)2]

⟹CI=Rs.832

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