Find the amount at the end of 2years on rs1000 at 4 percent per annum compounded annually - Maths - Comparing Quantities

Question

Find the amount at the end of 2years on rs1000 at 4 percent per
annum compounded annually?

Atul Shaw · Accepted Answer

Dear student,A=P1+R100nP=Rs
 1000, n=2yr, R=4%paA=10001+41002=10001041002=1000×104100×104100=Rs
 1081 6Regards

Find the amount at the end of 2years on rs1000 at 4 percent per annum compounded annually?