Math, asked by archit9945, 2 months ago

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

Answers

Answered by bhavika2800gmailcom
0

Step-by-step explanation:

Find the amount of Rs 50000 after 2 years, compounded annally, the rate of interest being 8% p.a. during the first year and 9% p.a. during the second year. Also, find the compound interest. Answer : Rs 8860.

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