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What is the amount at the …

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What is the amount at the end of 2years for ₹2400 at 5% per annum Compounded annually

Posted by Chanamallayya Hiremath 6 years, 4 months ago

CBSE > Class 08 > Mathematics

4 answers

Nandini Chauhan 6 years, 4 months ago

CI=246/-

Harleen Deo 6 years, 4 months ago

=2400(1+5/100)power2 =2400×105/100×105/100 =6×21×21 (on simplifying) =2646

Harleen Deo 6 years, 4 months ago

Formula= p(1+r/100)power2

Gurshaan Singh Puri 6 years, 4 months ago

=2400 × (1+5/100)power2 =2400 × 21/20 × 21/20 =Rs 2646

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