Question

find compound interest of 100000 at 9%p.a for 5 years by using yearly method​

Answer 1

Answer:

100000 p

9•\• r

5 yrs t or n

a= p(1+r/100) n

100000(1+9/100)2

100000(10/100)2

100000(1/10* 1/10)

100000(2/10)

100000(1/5)

100000*1/5

100000/1*1/5

100000/5

answer is 20000

Answer 2

Answer:

formula of compound interest = p(1+r/100) power time -1

100000(1+9/100)power 5 -1

5

100000{100+9}. -1

100

5

100000 {109/100} -1

100000{ 109×109×109×109×109/100×100×100×100×100}-1