Question

15 At what rate percent per annum compound interest will *2304 amount to 2500 in
2 years?
Hence the answer is 4 1/6 but how
please solve this question​

Answer 1

Answer:

Here is your explaination:

Step-by-step explanation:

1. $2500 = 2304 (1 + \frac{r}{100?} ) {2}$
2. $(1 + \frac{r}{100} ){2} = \frac{2500}{2304} = (\frac{50}{48}){2}$
3. $1 + \frac{r}{100} - 1 = \frac{1}{25}$
4. $r = \frac{100}{24} = \frac{25}{6} = 4 \frac{1}{6}$

If it was helpful please brainliest

Answer 2

Answer:

dear I translate your language it's not chinees we are from korea----- South -------- Seoul