Question

4. Find the amount and compound interest on 10,000
for 2 years at 6% per annum.​

Answer 1

Answer:

a=p(1+R/2) apply it your question will solve

Answer 2

Answer:

Amount = P[1+R/100]²

= 10000[1+6/100]²

= 10000×53/50×53/50

= 4×53×53

= 11236

C.I.= A-P

= 11236 - 10000

= 1236