Question

Calculate the amount and the compound
interest on:
(i) * 6,000 in 3 years at 5% per year.
(ii) * 8,000 in 23 years at 15% per annum.​

Answer 1

Answer:

your answer is

Step-by-step explanation:

A= P(1+R/100)^n

A= 6000× (1+5/100)^3

A= 6000×105/100×105/100× 105/100

A= 6× 105/100× 105/10×105

A= 6945.75

CI= A-P

CI= 6945.75-6000

CI= 945.75

HOPE THIS HELPS YOU

MARK AS BRAINLIEST