Question

what sum of money will amount to Rs 2553.80 at 13% per annum in two years interest being compounded annually

Answer 1

Step-by-step explanation:

A=P(1+R/100)t

A=2553.80×(1+13/100)

A=2553.80×113/100×113/100

A= 3260.94722

answer(3260.94722)

ok bro

Answer 2

Answer:

Rs.663.988/-

Step-by-step explanation:

We know , I=p×t×r/100

where, p=Rs.2553.80,r=13,t=2

I=Rs.663.988/-

Thanks