Question

calcuate the compound interest for $1000 investment under the following conditions interest=5% period=5 years and compounding monthly

Answer 1

Answer:

let P= $1000 ,R=5% ,T=5 year

S.I.=P×R.I.×T/100

=1000×5×5/100

=250

A=S.I.+P

=250+1000

=1250

C.I =A-P

=1250-1000

=250

then, compound interest =$250

Answer 2

Answer:

こんにちは、あなたは私の友達になれますか、私は日本から来ました。氏名：白鷺まひ。

Means: Hello , can you be my friend, i am from japan, name: Mahi shirosagi