4000 principal earning 6% compounded annually afteer 5yr
1 answer:
Compounded annually makes it eaiser
for annually

A=future amount
<span>
</span>
P=present amount
<span>
</span>
r=rate in decimal
<span>
</span>
t=time in years
given that present amount is 4000 (what, rupees?)
and rate is 6% or 0.06 and time=5


A=5352.9023
round
5352.90 rupees
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