Question

the sum.
Find the amount and the compound interest on 1000 for 2 years at 5% per annum
T
3.
n
compounded annually.​

Answer 1

Answer:

this is the answer of your question

Answer 2

Step-by-step explanation:

P=Rs. 1000,R=5% per half year,T=2 years=4half-years

A=P(1+ R/100 )n

A=1000(1+ 5/100)⁴

⇒1000×105/100×105/100×105/100×105/100

⇒1000× 21/20×21/20×21/20×21/20

⇒1215.50

C.I=1215.50−1000=Rs.215.50