Question

10000[1+6/100] power 2


plz fast answer ​

Answer 1

Answer:

11236

Step-by-step explanation:

Answer 2

Answer:

1. Find the amount and the compound interest on $ 7,500 in 2 years and at 6% compounded yearly.

Solution:

Here,

Principal (P) = $ 7,500

Number of years (n) = 2

Rate of interest compounded yearly (r) = 6%

A = P(1 + r100)n

= $ 7,500(1 + 6100)2

= $ 7,500 × (106100)2

= $ 7,500 × 1123610000

= $ 8,427

Therefore, the required amount = $ 8,427 and

Compound interest = Amount - Principal

= $ 8,427 - $ 7,500

= $ 927