Question

(find compound interest )
A= 8000 , R=10 , N=2​

Answer 1

Answer:

refer to the attachment

Answer 2

Answer:

CI=1680

Step-by-step explanation:

A=P(1+$\frac{R}{100}$)^t

(where a=amount, p=principle, r=rate, t=time)

A=8000(1+$\frac{10}{100}$)^2

A=8000($\frac{100+10}{100}$)^2

A=8000×$\frac{110}{100}$×$\frac{110}{100}$

A=8000×12100/10000

A=96800000/10000

A=9680

CI=9680-P=9680-8000

CI=1680

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