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 : 190
We can solve this problem using the formula for compound interest: \[ A = P \left(1 + \frac{r}{100}\right)^t \] where: - \( A \) is the amount after time \( t \), - \( P \) is the ____ ________ ____ _________ ___ ______ ____ _________ ________.
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We can solve this problem using the formula for compound interest: \[ A = P \left(1 + \frac{r}{100}\right)^t \] where: - \( A \) is the amount after time \( t \), - \( P \) is the ____ ________ ____ _________ ___ ______ ____ _________ ________.
_____ _______ ________ _________ ____ ____.
__________ _________ __________ ____ ___ _______ _____ ________.
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