Math, asked by khwahish9726, 4 months ago

Veena deposited 10000 rupees in a bank which gives 7% interest compounded annually how much would she get back after 2 years

Answers

Answered by 007upendrapnbe
0

Step-by-step explanation:

principle =10000

rate=7% p.a

time=2 years

Amount= p(1+r/100)^n

= 10000(1+7/100)^2

= 10000(107/100)^2

= Rs.1,144.9.

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