answer this guestion please..
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0
Answer:
- the formula of compound interest
Step-by-step explanation:
p(1+r/100)year
Answered by
1
to find compund interest,
here is the formula,
P (1 + Rate) - P
so,
1. Principal /p = 10,000
Rate /r = 12
Time = 2
Amount = 10,000 (1 + 12) - P
= (10,000 × 13) - 10,000
= 130,000 - 10,000
= 12,000
Compound interest = 12,000
Amount = Principal + Compound interest
= 10,000 + 12,000
= 22,000
not sure if its correct pls message me in brainy if it's not correct, I will inform you..
try it or ask ur teacher.
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