Question

what amount will get after 2 years on 7500. rupees at 4% compound interest
options :
a) 8112
b) 8082
c) 7800
d) 8100​

Answer 1

Answer:

7500 at 4% per annum for 2 years, compounded annually.

Explanation :

Amount = Rs [7500*(1+(4/100)2]

= Rs (7500 * (26/25) * (26/25) )

= Rs. 8112.

So the answer is a) 8112

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Answer 2

Answer:

Option A is the correct answer...