find the compound intrest and the amount on 2500 at 8%for 2 years
Answers
Answered by
1
compound interest =amount -principal
amount =p(1+r/100)*n
amount =2500(1+8/100)*2
if you further simply you get the amount value..
when you subtract the amount and principal, you get the answer..
hope it helps
amount =p(1+r/100)*n
amount =2500(1+8/100)*2
if you further simply you get the amount value..
when you subtract the amount and principal, you get the answer..
hope it helps
manya48:
Can you solve this sum
Answered by
0
C.I.=P(1+r/t)2
2500(1+8/100)2
=2500×108/100 ×108/100
=25×108/100 ×108
=108×108/4
=27×108
=2896
2500(1+8/100)2
=2500×108/100 ×108/100
=25×108/100 ×108
=108×108/4
=27×108
=2896
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