what sum of money will amount to Rs 2553.80 at 13% per annum in two years interest being compounded annually
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what sum of money will amount to Rs 2553.80 at 13% per annum in two years interest being compounded annually
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Step-by-step explanation:
A=P(1+R/100)t
A=2553.80×(1+13/100)
A=2553.80×113/100×113/100
A= 3260.94722
answer(3260.94722)
ok bro
Answer:
Rs.663.988/-
Step-by-step explanation:
We know , I=p×t×r/100
where, p=Rs.2553.80,r=13,t=2
I=Rs.663.988/-
Thanks