1.

Find compound interest on a sum of 8000 for 2 years at 5% p.a. compounded annuall​

Answer»

ong>Answer:

Step-by-step explanation:

Given : A sum of rs 8000 for 2 YEARS at 5% per annum compounded annually.

To find : The COMPOUND INTEREST ?

SOLUTION :

The compound interest formula,

Substitute the values,

The amount is Rs. 8820.



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