Question

A sum of 5000 is lent out for 2 years at 12%
per annum the interest being compounded
annually. Find the:
(i) amount at the end of the first year;
(ii) amount at the end of the second year;
(iii) compound interest to be paid.​

Answer 1

Answer:

ghfghhhhhbbbbbbbbbbbb

Answer 2

Hey there!

Here's your answer.