What sum of money will amount to Rs 3630 in 2 years at 10% per annum compound interest ?
Answers
Answered by
16
Answer:
4392.30
Step-by-step explanation:
compound interest in the = p( 1+r/100)n
= 3630 ( 1+ 10/100)2
= 3630 ( 1.1 )2
= 3630 * 1.21
= 4392.3
Similar questions