2500is invested 4 year 5/ compound interest
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P = 2500
T = 4 yrs
R = 5
A=P[1+R/100] ^T
A= 2500 [1+5/100]⁴
A= 2500 [1+1/20]⁴
A= 2500 [20+1/20]⁴ LCM 20
A= 2500 [21/20]⁴
A= 3,038.765625
CI = A-P
CI = 538.765625
T = 4 yrs
R = 5
A=P[1+R/100] ^T
A= 2500 [1+5/100]⁴
A= 2500 [1+1/20]⁴
A= 2500 [20+1/20]⁴ LCM 20
A= 2500 [21/20]⁴
A= 3,038.765625
CI = A-P
CI = 538.765625
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