Question

P(1+r/100) + [P(1+r/100)] x r/100
solve this. Answer should be P(1+r/100)^2​

Answer 1

Step-by-step explanation:

p(1+r/100)²

by taking p common from both and taking(1+r/100)common and ²is time as we took them both common and it was formula of compund interest .here interst is calculated of 2 years differently so by combining both it will become ²as time is combined.