Question

find the amount and the compound
interest on $8000 of 5% per annum, fors
o years compounded annually.​

Answer 1

I don't know the time as it is not written properly.

But the amount will be= 8000(1+5/100)^t

=8000(1+1/20)^t

=8000(21/20)^t

Compound interest=A-CI

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