Question

find the amount and the compound interest on 5000 at 5% annum for 3yrs​

Answer 1

❗❗ solution ❗❗

P = 5,000

R = 5%

T = 3 yrs per annum

$simple \: interest \: = \frac{p \times r \times t}{100}$

$= \frac{5000 \times 5 \times 3}{100}$

= $ 750

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Answer 2

Answer:

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