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(Querist)
17 May 2014 How to Calculate the Following Sum in Ordinary Calculator.



Question : 2000(1+0.10/365)^730
Answer : 2442.70
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Sandeep Dharar

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Sandeep Dharar (Expert)
17 May 2014 Is 730 multiplied or what?
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Sandeep Dharar

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Sandeep Dharar (Expert)
17 May 2014 I think it is power. Plz confirm
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Gowtham

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Gowtham (Querist)
17 May 2014 yes you are correct it is a power
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Sandeep Dharar

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Sandeep Dharar (Expert)
17 May 2014 Then in calculator type 1.1/365 the result will b 0.00301369863 then put * and press = sign 729 times( u may reduce the no. upto six decimals as per ICAI guidelines)then * it with 2000.
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Sandeep Dharar

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Sandeep Dharar (Expert)
17 May 2014 Or if u r facing difficulty with six decimal then reduce it to 2 decimal n put a note for that.
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Gowtham

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Gowtham (Querist)
17 May 2014 thank you Mr.Sandeep
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Sandeep Dharar

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Sandeep Dharar (Expert)
17 May 2014 U r welcome Gowtham



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