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What is given in years ?
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P=5000
R=9%
T=2
Simple interest= P*R*T/100
S.I.=5000*2*9/100
S.I.=900
FORMULA FOR COMPOUND INTEREST IS P[(1+r/100)^n -1]
R=9%
T=2
Simple interest= P*R*T/100
S.I.=5000*2*9/100
S.I.=900
FORMULA FOR COMPOUND INTEREST IS P[(1+r/100)^n -1]
I want compound interest full answer
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