Question

Find the compound interest and the total amount for the following:-

(1)Principal Rs. 6,250 Rate -12% yearly
Time = 2 years
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Answer 1

Answer:

answer = compound interest = 1500 and total amount = 7750

Step-by-step explanation:

compound interest : P×R×T/100

: 6250×12×2/100

: 1500

total amount : P + compound interest

: 6250 + 1500

: 7750

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Answer 2

Answer:

in the picture it's the total amount and the compound interest is

$(7840 - 6250) = 1590$

the formula

$p(1 + r \div 100) {}^{n} = total$

I hope its clear to you

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