please tell me if this is correct with explanation
Attachments:
Answers
Answered by
1
A = P (1+r/100)^n
A = 15,000(1+4/100)^2
A = 15,000(26/25)^2
A = 15,000×676/625
A = 24×676
A = 16224
CI = A-P
CI = 16224-15,000
CI = 1,224
A = 15,000(1+4/100)^2
A = 15,000(26/25)^2
A = 15,000×676/625
A = 24×676
A = 16224
CI = A-P
CI = 16224-15,000
CI = 1,224
Similar questions