StudyGPT Just Leveled Up – Say Hello to Knowee! 🚀
Knowee
Questions
Features
Study Tools

What will be the interest after 2 years on a sum of Rs 1440,at the rate of interest 813813% compounded annually?Rs 230Rs 275Rs 200Rs 250

Question

🧐 Not the exact question you are looking for?Go ask a question

Solution

The question seems to be incomplete or incorrectly formatted. The rate of interest appears to be unusually high (813813%). Could you please provide the correct rate of interest?

However, if you want to calculate compound interest, you can use the formula:

A = P (1 + r/n) ^ nt

Where: A = the amount of money accumulated after n years, including interest. P = principal amount (the initial amount of money) r = annual interest rate (in decimal) n = number of times that interest is compounded per year t = time the money is invested for in years

Once you have the correct values, you can substitute them into the formula to get your answer.

This problem has been solved

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.