what is the amount for rs.5000 at 12% compounded bianually.
I'm pretty sure you'll need to tell us: For how long?
what is the amount for rs.5000 at 12% compounded bianually
FV=PV(1+r)^n
FV=5,000(1 + 12/200)^2
FV=5,000(1.06)^2
FV+5,000 X 1.1236
FV=5,618.00- for one year.
