As per a survey 16000 blood donors are registered with Red Cross in Delhi and this no. of donors increase at the rate of 5% every 6 months . How many donors would be there at the end of 1 1/2 years
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compound interest
16000(105/100)(105/100)(105/100)
=18522
16000(105/100)(105/100)(105/100)
=18522
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Total number of donors present there=p{1+R/100}to the power 3
= 16000×105/100×105/100/×105/100
=18,522
= 16000×105/100×105/100/×105/100
=18,522
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