Question

find the compound interest on 4000 for 5/2 years at 5℅ per annum​

Answer 1

Answer:

410

Step-by-step explanation:

principal =4000

R=5

T=5/2 year

CI=?

we know that CI+P=p(1+R/100)t

CI+4000=4000(1+5/100)2

CI+4000=4000(1+20)2

CI+4000=4000×21/20×21/20

CI+4000=4410

CI=4000-4410

CI=410