i m asking one question that if principle 75000 rate of interest is 10.5 year 5
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SI=(PRT)÷100
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and how compound interest
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si = prt/100 = 75000*10.5*5/100 = 3937500/100 = 39375
ci =>
a = p(1+r/100)^n = 75000(1+21/200)^5 = 75000(221/200)^5 = 123,558.50
ci = a - p = 123,558.50 -75000 = 48,558.50
ci =>
a = p(1+r/100)^n = 75000(1+21/200)^5 = 75000(221/200)^5 = 123,558.50
ci = a - p = 123,558.50 -75000 = 48,558.50
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