Question

Find the interest of 25000 at 12 compound annually 3 years

Answer 1

Answer:

Step-by-step explanation:

(112/100)=1.12

Answer 2

amount=p(1+r/100)™

a=25000(1+12/100)to the power 3

a=25000*28/25*28/25*28/25

a=40*28*28*28/25

a=35123.2

C.I=35123.2-25000

ci=10123.2