PRATEEKSHAGO PRATEEKSHAGO

Mathematics

Answered

(Ahamed invested an amount of S2000 at the rate of 5% per annum for 2 years. Find the compound interest when interest is compounded annually.

Answer :

PALAZZOLORACHELGO PALAZZOLORACHELGO

Answer:

205

Step-by-step explanation:

[tex]2000\times\left(\left(5+1)^2-1)\right.\right.[/tex]

Evaluate the equation/expression:

205

I hope this helps you

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Answer Link

W31RDC0REGO W31RDC0REGO

[tex]First,\:convert\:R\:as\:a\:percent\:to\:r\:as\:a\:decimal\\r = R/100\\r = 5/100\\r = 0.05\: rate\: per\: year\\\\Then\:solve\:the\:equation\:for\:A\\A = P(1 + r/n)nt\\A = 2,000.00(1 + 0.05/1)x^{1,2} \\A = 2,000.00(1 + 0.05)x^{2} \\A = $2,205.00\\A = $2,205.00\\\\A = P + I\:where\\P\: (principal) = $2,000.00\\I\: (interest) = $205.00\\\\Answer= $205.00[/tex]

Answer Link

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