Question

using compound intest formula if principle =625 rate =4% time =2years​

Answer 1

Step-by-step explanation:

$P = ₹625$

$R = 4% p.a.$

$t = 2yrs$

$\\ A = P \Big(1+\frac{R}{100}\Big)^{t}$

$A = 625× \Big(1+\frac{4}{100}\Big)^{2}$

$A = 625 \Big(1+\frac{1}{25}\Big)^{2}$

$A = 625× \Big(\frac{26}{25} \Big)^{2}$

$A = 625×\frac{26}{25}×\frac{26}{25}$

$A = 625\bold{\!\!\!\!\!/} ×\frac{26×26}{625\bold{\!\!\!\!\!/}}$

$A = 26×26$

$A = ₹676$