mr aslam invested 25000 at 6% compounded annually what amount he will recieve after 4 years
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1
Answer:
Step-by-step explanation:
simple interest = principal into time into rate divided by 100
25000 into 6 into 4 divided by 100
Which equals to 6000
debrupo7:
what's this dude
it is after 4 years not before 4 years
Answered by
0
25000 (1+6/100)^4
=25000×106×106×106×106÷(100×100×100×100)
=31561.924
=25000×106×106×106×106÷(100×100×100×100)
=31561.924
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