Math, asked by DishaDB, 5 months ago

Find the compound interest on $20000 for 2 years and 3 months at 40% per annum
compounded annually.

Answers

Answered by vk8091624
528

Answer:

The power of compounding grows your savings faster ... Compound interest is the interest you get on: ... for (2 years x 12 months per year) = 24. 3. Use the compound interest formula.

Previous Question
Next Question
Similar questions
English, 2 months ago
Q- _____provides us an address in order to be able to send and receive messages. a) Timers b) Servers c) Receivers ye kya hai krina?? ​
Math, 2 months ago
Please tell the answer...
Chemistry, 2 months ago
chemical formula of sand ,please any give me the correct answer​...
English, 5 months ago
what were the names of the two cricket teams?​
Business Studies, 5 months ago
Which of the following Principles of Management is not advocated by F W Taylor? ​
Hindi, 11 months ago
See the attachment. निम्नलिखित वाक्यों का पद परिचय दीजिए-...
Political Science, 11 months ago
partition of India............​
Physics, 11 months ago
explain refractive index..​