what sum of money will amount to rupees 17496 in 2 years at 8% per annum compound interest
Answers
Answered by
0
Step-by-step explanation:
When interest is compounded, Amount A=P(1+
100
R
)
n
So, 1749.6=P×(1+
100
8
)
2
=>1749.6=P×1.08×1.08
=>P=Rs1500
Answer By
Attachments:
Similar questions
Social Sciences,
4 months ago
Math,
8 months ago
Physics,
8 months ago
Math,
1 year ago
Social Sciences,
1 year ago
English,
1 year ago