Question

6. Find the amount for the following, when it is given
that the principal is compounded annually:
2. Principal = 14,000, rate = 3% p.a. and time
b. Principal = 16,000, rate = 2.5% p.a. and time
= 3 years 9 months
c Principal = 62,500, rate = 8% p.a. and time
= 2 years 3 months
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Answer 1

Answer:

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Answer 2

Answer:

I don't understand