Question

1f P = 12500,R =12%, N=2 years. find the compound interest​

Answer 1

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$P = 12500,R =12,N= 2\: Find\:compound\:intrest$

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$9,500$

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PRT/100

• ⇛12500×12×1/100

• ⇛150,000×1/100

• ⇛150000/100

1500 One Year

Second year

• ⇛150,000×12×2/100

• ⇛300,000/100

• ⇛3000 - 12500

9,500 = COMPOUND INTEREST