Question

If P=2000, R=50%, T=2 years, compounded 2 years once. Find the amount

Answer 1

Answer:

6103.52

Step-by-step explanation:

A = P(1+r/n) ^ nt

2000 ( 1 + .50/2)^2×2

2000( 1 .25)^4

2000( 3.0517578125)

= 6103.515625

Answer 2

Answer:

Answer

Step-by-step explanation:

P = 2000, R = 50%, T = 2 years

PRT/100

= 2000×50%×2/100

= 20×50%×2

= 40×[ 50/100 ]

= 4×5

= 20