Math, asked by mauryaipshita74, 18 days ago

What is the Compond Interest and amount if P=2000,R=8%per annum,T=2years? When the interest is compounded annually.

Answers

Answered by jainjenny76

0

Answer:

Given, P= Rs. 2000, r1 =4% p.a. for 1st year, r2 =3% p.a. for 2nd year

∴A=P(1+100r1)(1+100r2)

=2000(1+1004)(1+1003)

= Rs. (2000×2526×100103)= Rs. 2142.40

∴ C.I. = Rs. 2142.40− Rs. 2000= Rs. 142.40

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