URGENT ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️ Rakhi lent rupees 5000 to Jyoti at rate of 8 ⅓ percent per annum compound interest find the amount payable by Jyoti to Rakhi after 2 years
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URGENT ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️ Rakhi lent rupees 5000 to Jyoti at rate of 8 ⅓ percent per annum compound interest find the amount payable by Jyoti to Rakhi after 2 years
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Answer:
Step-by-step explanation:
convert 8 1/3 to 25/3
5000 {1+(25/3/100)}^2
=5000{100+25/300}^2
5000×125/300×125/300
=5000×1/2×1/2
=105625/18