find the amount and compound interest on 10,000 Rs at 5%per annum for 2years compounded annually​

find the amount and compound interest on 10,000 Rs at 5%per annum for 2years compounded annually​

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2 thoughts on “find the amount and compound interest on 10,000 Rs at 5%per annum for 2years compounded annually​”

  1. Answer:

    Answer

    A=P(1+

    100

    R

    )

    n

    A=10,000(1+

    100

    5

    )

    2

    A=10,000(

    100

    105

    )

    2

    A=10,000×

    100

    105

    ×

    100

    105

    A=105×105=Rs.11,025

    I=A−P=11,025−10,000=Rs.1,025

    Reply
  2. Step-by-step explanation:

    A=P(1+

    100

    R

    )

    n

    A=10,000(1+

    100

    5

    2

    A=10,000(

    100

    105

    )

    2

    A=10,000×

    100

    105

    ×

    100

    105

    A=105×105=Rs.11,025

    I=A−P=11,025−10,000=Rs.1,025

    Reply

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