Find the amount and the compound interest on $ 2500 for 2 years at 10% per
annum, compounded annually. - SHOW WHOLE WORKING ALSO!!!
Answers
Answered by
2
for 1st year, interest= 2500×10×1/100=250$
for 2nd year, intrest=2750×1×10/100=275$
c.p intrest=525$
amount= 2500+525=3025$
for 2nd year, intrest=2750×1×10/100=275$
c.p intrest=525$
amount= 2500+525=3025$
TT73:
Thanx!
welcome dear
Similar questions