Math, asked by raoaqsa70, 9 months ago

What will Rs 450 amount to in 2 years, at 5% per annum, compounded
annually?

Answers

Answered by jeetkumar43530

6

Step-by-step explanation:

principal = Rs450

time = 2years

rate = 5%

interest = principal × rate × time/100

=450×5×2/100 = Rs45

amount = principal + interest

= 450+45 = Rs495

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