Question

find compound interest on 6500 for 2 years at 9% per annum

Answer 1

look at attachment .

Answer 2

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⬇⬇here is your answer⬇⬇

$principle \: = \: 6500 \\ rate\:of \: interest \: = \: 9 \: percent\\ number \: of \: years \: = 2 \: years\\\\ compounding \: at \: yearly :- \\ amount \: = \: p \: ( \: 1 + \: \frac{r}{100})n \\ \: = 6500 \: ( \: 1 \: + \: \frac{9}{100})2 \\ = 6500 \: ( \: \frac{109}{100})2 \\ = 6500( \frac{109}{100})( \frac{109}{100}) \\ = 7722.65 \\ compound \: interest \: = \: amount \: - \: principle \: \\ = 7722.65 - \: 6500 \\ = 1222.65$

❤❤hope this helps you ❤❤