Question

how mach compound interest is earning by investing 20 000 /- for 6yrs at 5percent per annum
compounded annually?​

Answer 1

Answer:

1157625 X 9621

Step-by-step explanation:

r = 5%

p=20,000

n=1

t=6

c.i. = px(1+r/n)^tn

= 20,000 (1+5/100)^6

20000(105/100)^6

1157625 x 9621