Question
A sum of money is deposited by Krishna which compounds interest annually. The amount at the end of 2 years is Rs. 5000 and at the end of 3 years is 5200. Find the money deposited and the rate of interest.
Answer :
Word Count : 202
We are given that the amount after 2 years is Rs. 5000, and after 3 years it is Rs. 5200. Since the interest is compounded annually, we use the compound interest formula: \[ A = P (1 + r)^t \] ____ _________ _________ _________ _____ _____ ____ __________ _____ ____.
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We are given that the amount after 2 years is Rs. 5000, and after 3 years it is Rs. 5200. Since the interest is compounded annually, we use the compound interest formula: \[ A = P (1 + r)^t \] ____ _________ _________ _________ _____ _____ ____ __________ _____ ____.
_______ ______ ________ _______ ____ ______.
________ _________ _____ ____ ________ ________ ___ ___.
________ _______ _____ ____ __________ _____ ____.
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___ _____ ________ _________ ___ _____ _________ _________ _______ _____.
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_____ _______ ___ __________ _________ ______ ____ _____ ______ ________ ____.
______ ______ __________ _________ ____ ________ ____ _________ _________ ___ ___ ______.
________ _______ ________ _______ ____ _______ ____ _________ ___ ______.
__________ __________ ___ ____ _________ __________ __________.
___ ___ ___.
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