Question

the simple interest on a certain sum of money for 2 years at 6.5 % per annum is Rs 5200 find the compound interest on the same sum at the same rate and for the same time period the interest being compounded annually

Answer 1

$pricpal = 5200 \\ rate = 6.5\% \\ time = 2years \\ si \: unit = p \times r \times t \div 100 \\ 5200 \times 6.5 \times 2 \div 100 = 676 \\ si = princip + interest \\ 5200 + 676 = 5876 \\ hope \: it \: is \: your \: ans$

Answer 2

Answer: This is the correct answer

Step-by-step explanation: