Question

Find the amount and compound interest at on 4000 at 20% per annum for 2 years.​

Answer 1

Formula = A= P(1+R/100)^T

P=4000

R=20%

T=2yrs

A= 4000(6/5)^2

=5760

CI= 5760-4000

=1760

Answer 2

Step-by-step explanation:

amount=4000(1+20/100)power 2

4000(120/100)power2

4000*120/100*120/100

4*12*120

5760ans