A man deposits Tk 600 in a Bank at 10% interest rate compounded annually. At the end of the second year, the total amount including interest will become Tk-
বিকল্পসমূহ (নিজের উত্তর যাচাই করতে ক্লিক করুন):
সঠিক উত্তর
3 (726)
বিস্তারিত ব্যাখ্যা ও বিশ্লেষণ:
Given:
- Principal (P) = Tk. 600
- Rate of Interest (r) = 10% = 1/10
- Time (n) = 2 years
Compound Amount Formula:
Compound Amount = P × (1 + r)^n
Substitute the given values:
Compound Amount = 600 × (1 + 1/10)^2
Compound Amount = 600 × (11/10)^2
Compound Amount = 600 × (11/10) × (11/10) = 726
∴ Compound Amount = Tk. 726