Malati borrowed Rs 5000 from bank for 2 years at the rate of 20% compounded per annum.
Find the annual compound amount.
Find the annual compound interest.
At what time will be the same interest on the same sum at the same rate of simple
interest?

Question

15-06-2024
Mathematics

Answered

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Malati borrowed Rs 5000 from bank for 2 years at the rate of 20% compounded per annum.
Find the annual compound amount.
Find the annual compound interest.
At what time will be the same interest on the same sum at the same rate of simple
interest?

Sagot :

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