what amount of money should Mohan invest in a bank in order to get Rupees 1323 in 2years and £5 compounded
annually
Answers
Answered by
9
here is your answer hope it helps plz mark it as brainliest
amount=principal*(1+5/100)^2
1323=p*(105/100)^2
(1323*100^2)/105^2=p
p=1200
amount=principal*(1+5/100)^2
1323=p*(105/100)^2
(1323*100^2)/105^2=p
p=1200
Similar questions