P=2,500 ; r = 9% p.a. ; n = 2 years
Answers
Answered by
2
Answer:
450
Step-by-step explanation:
use the formula
S.I=PTR/100
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Answered by
3
Answer:
Step-by-step explanation:
As you Know formula for CI is P[1+r/100]^n,
2500[1/1+9/100]^2,
2500*109/100*109/100,
25*109*109/100,
109*109/4,
11881/4,
2970.25 is the amount.
CI=2970.25-2500,
470.25
Hope it helps you.
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