Find the amount and compound interest on (i) 10000 for 8 years at 5% per annum compounded annually.
Answers
Answered by
0
Step-by-step explanation:
+5+5 5×5÷100
=10+2.5
=12.5%
Answered by
1
Amount = 10000 × ( 105/100)⁸
= 14774.554437890
= 14775.
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