find the c.i on rs.2400 for 2 1/2 years at 5% p.a interest being compounded annually?

• ooops!! sry...the formula is
  amt=P((1+R/100)^2)(1+1/2(5)/100)
  if v substitute we ll get ci=312.15
• 12 years agoHelpfull: Yes(8) No(3)
• the amount A = P(1+R/100)^n
  A = 2400(1+5/100)^(5/2)
  A = 2711.34....so compound interest is A-P = 2711.34-2400=311.34
• 12 years agoHelpfull: Yes(7) No(3)
• formula: amt=P(1+R/100)^n
  p=2400,n=2.5,R=5
  amt=(2400(1+5/100)^2.5=rs.2711.34
  m nt sure abt d ans.. bt formula s correct
• 12 years agoHelpfull: Yes(4) No(5)
• @ratna
  wr did u get all these questions
  are they from TCS written xam
• 12 years agoHelpfull: Yes(0) No(1)
• answer is Rs 311.3
• 12 years agoHelpfull: Yes(0) No(0)
• Answer is Rs. 311.34
• 12 years agoHelpfull: Yes(0) No(0)