Math, asked by idhimoh21, 1 year ago

what will be the present worth of rs. 169 due in two years at 4% per annum compound interest ?

Answers

Answered by Snaky
4
P=169 rs.,r=4/100=0.04,n=1,t=2 years,A=?
A=P(1+r/n)^nt
A=169(1+0.04/1)^1*2
A=169(1.04)^2
A=182.7904 rs. is the present worth.

idhimoh21: this ans. is not in the options...
Snaky: oops!can u give options plz...
Snaky: plzz reply....!
Snaky: wat do u do??
idhimoh21: 156.25, 160, 150.50, 154.75 r the options.
Snaky: sorry!156.25 is d answer...
idhimoh21: k by doing same procedure nd pls explain formula what is n?
idhimoh21: pls explain i cant understand
Answered by manitkapoor2
9
well after compounding for 2 years the amount is 169
so
x(1+0.04)^n=169
n=2
so x=169/(1.04)²=156.25

idhimoh21: bt pls wtite formula
manitkapoor2: same formula what sanky used
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