Question

find the compound interest when it is compounded annually P=625; r=4% p. a.; n=2year

Answer 1

HOPE IT WILL HELP YOU IF SO THEN PLEASE MAKE THIS ANSWER AS A BRAINLIST ANSWER

Answer 2

amount =p×100+r÷100
625×(100+4)÷100
625×(104÷100×104÷100)÷100
1.0816÷100
0.010816

com intr= a -p
0.010816-650
649.989184