Question

Murlee invested an amount of 12000 at compound interest rate of 5 for a period of 4 years

Answer 1

Answer:

2586.08

Explanation:

amount=12000(1+5/100)ˆ4=12000(21/20)ˆ4

=12000x194481/160000=14586.08(app.)

compound interest=14586.08-12000=2586.08

Answer 2

Answer:

If a = 12, b = 34, verify the following:

(i) a × b = b × a

(ii) a + b = b + a