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ICSE Class 8 Answered

What sum of money will amount to₹2553.80 at 13% per annum in two years interest being compounded annually?
Asked by Bnmlety | 08 Nov, 2018, 06:53: PM
answered-by-expert Expert Answer
A = Rs. 2553.80, r = 13% p. a. n = 2 years.
begin mathsize 16px style straight A equals straight P open parentheses 1 plus straight r over 100 close parentheses to the power of straight n 2553.80 equals straight P open parentheses 1 plus 13 over 100 close parentheses squared straight P equals Rs. space 2000 end style
Answered by Sneha shidid | 10 Nov, 2018, 07:22: PM

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