.On what sum of money will the compoundinterest for 2 years at 5 per c – InterviewSolution

1.

.On what sum of money will the compoundinterest for 2 years at 5 per cent per annumamount to * 768.75 ?16. please use formula and give the in copy please help it's urgent

Answer»

CI=P(1+R/100)ñ

768.75=P(1+5/100)2

768.75*20*20/21*21=P

P=Rs.307500

Hope it HELPS!!! : )

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