Question

find the amount and the compound interest on 6500 for 2 years compounded annually the rate of interesting being 5% per annum during the first year and 6% per annum during the second year.

Answer 1

Heya!!
Here's uranswer!!!
P=6500
T=2
R= 6%,5%
Ci= 6500 (1+5/100)(1+6/100)
= 6500 (105/100*106/100)
= 7234.50
7234.50-6500
734.50
Hope u liked my answer. Please mark me as brainliest. ..

Answer 2

hi....
Here is your answer.