Question

what sum of money will amount for Rs.18150 in 2 years at 10℅ per annum compounded annually. plzzz answer this

Answer 1

here is your answer
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Answer 2

A = P [ 1 + R/100 ]^N

A = 18150 [ 1 + 10/100 ]^2


A = 18150 [ 1 + 1/10]^2

A = 18150 [ 11/10]^2

A = 18150 × 11 × 11 / 10 × 10

A = 1815 × 121 / 10

A = 219615 /10

A = 21961.50 rs